Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Mill City Ventures III Ltd (NASDAQ: MCVT) closed the day trading at $2.80 up 12.00% from the previous closing price of $2.50. In other words, the price has increased by $12.00 from its previous closing price. On the day, 0.21 million shares were traded. MCVT stock price reached its highest trading level at $2.81 during the session, while it also had its lowest trading level at $2.3904.
Ratios:
For a better understanding of MCVT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.77. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 09 ’24 when ZIPKIN LAURENCE S bought 3,600 shares for $1.99 per share. The transaction valued at 7,152 led to the insider holds 160,661 shares of the business.
ZIPKIN LAURENCE S bought 300 shares of MCVT for $585 on Dec 08 ’24. The Director now owns 157,061 shares after completing the transaction at $1.95 per share. On Dec 11 ’24, another insider, POLINSKY DOUGLAS MICHAEL, who serves as the Chief Executive Officer of the company, bought 3,500 shares for $1.95 each. As a result, the insider paid 6,825 and bolstered with 270,997 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MCVT now has a Market Capitalization of 17878728 and an Enterprise Value of 7282046. As of this moment, Mill’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.31 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 2.242.
Stock Price History:
The Beta on a monthly basis for MCVT is 0.96, which has changed by -0.017543852 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, MCVT has reached a high of $3.88, while it has fallen to a 52-week low of $1.75. The 50-Day Moving Average of the stock is 32.68%, while the 200-Day Moving Average is calculated to be 13.56%.
Shares Statistics:
Over the past 3-months, MCVT traded about 106.95K shares per day on average, while over the past 10 days, MCVT traded about 637950 shares per day. A total of 6.39M shares are outstanding, with a floating share count of 1.79M. Insiders hold about 72.04% of the company’s shares, while institutions hold 0.44% stake in the company. Shares short for MCVT as of 1730332800 were 6341 with a Short Ratio of 0.04, compared to 1727654400 on 9008. Therefore, it implies a Short% of Shares Outstanding of 6341 and a Short% of Float of 0.21.
