Laurence S. Zipkin Buys 5,500 Shares of Mill City Ventures III, Ltd. (NASDAQ:MCVT) Stock

Mill City Ventures III, Ltd. (NASDAQ:MCVT) Director Laurence S. Zipkin purchased 5,500 shares of Mill City Ventures III stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average price of $1.88 per share, for a total transaction of $10,340.00. Following the transaction, the director now owns 166,161 shares in the company, valued at $312,382.68. This represents a 3.42 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Mill City Ventures III Trading Down 0.3 %

Shares of NASDAQ MCVT opened at $1.91 on Friday. Mill City Ventures III, Ltd. has a 1-year low of $1.65 and a 1-year high of $3.88. The company has a 50-day moving average of $2.41 and a two-hundred day moving average of $2.28. The company has a market cap of $12.22 million, a PE ratio of -27.34 and a beta of 0.56.

Mill City Ventures III (NASDAQ:MCVT) last posted its quarterly earnings data on Monday, March 10th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $0.87 million during the quarter. Mill City Ventures III had a negative net margin of 12.15% and a positive return on equity of 1.44%.

Mill City Ventures III Company Profile

Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth. It primarily focuses on investing in, lending to, and making managerial assistance available to privately held and publicly traded companies.