Does Mill City Ventures III Ltd (MCVT) offer a good opportunity for investors?

With 0.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 71710.0 shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $3.4896 whereas the lowest price it dropped to was $2.5302. The 52-week range on MCVT shows that it touched its highest point at $3.88 and its lowest point at $1.75 during that stretch. It currently has a 1-year price target of $5.84. MCVT paid its most recent dividend on 1634169600, while the ex-dividend date for that was 1634169600. Beta for the stock currently stands at 0.95.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MCVT was up-trending over the past week, with a rise of 64.80%, but this was up by 69.11% over a month. Three-month performance surged to 66.49% while six-month performance rose 26.17%. The stock gained 3.82% in the past year, while it has gained 65.45% so far this year.

Float and Shares Shorts:

At present, 6.39 million MCVT shares are outstanding with a float of 1.79 million shares on hand for trading. On 2024-10-31, short shares totaled 6341.0, which was 10.0 higher than short shares on 1727654400. In addition to Mr. Douglas Michael Polinsky as the firm’s Co-Founder, Chairman, CEO & President, Mr. Joseph Anthony Geraci II serves as its Co-Founder, CFO & Director.

Institutional Ownership:

Through their ownership of 0.00562 of MCVT’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. EBITDA for the full year was -$1.26M.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.

Analysts have provided yearly estimates in a range of $0 being high and $0 being low. For MCVT, this leads to a yearly average estimate of $0. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.