Mill City Ventures Stock Today

MCVT Stock  USD 2.91  0.19  6.99%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 52

 
High
 
Low
Average
Mill City is selling for under 2.91 as of the 12th of July 2024; that is 6.99 percent increase since the beginning of the trading day. The stock's last reported lowest price was 2.76. Mill City has 52 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Mill City Ventures are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of June 2024 and ending today, the 12th of July 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
21st of March 2016
Classification
Financials
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. Mill City Ventures III, Ltd. was founded in January, 2006 and is based in Wayzata, Minnesota. The company has 6.39 M outstanding shares of which 13.04 K shares are now shorted by private and institutional investors with about 8.23 trading days to cover. More on Mill City Ventures

Moving against Mill Stock

  0.38CG Carlyle GroupPairCorr
  0.33DHIL Diamond Hill InvestmentPairCorr

Mill Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanDouglas Polinsky
Thematic IdeaBanks (View all Themes)
Business ConcentrationSpecialized Finance, Financial Services, NASDAQ Composite, Banks, Financials, Financial Services, Credit Services, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.230.1434
Way Up
Slightly volatile
Total Current Liabilities76.9 K81 K
Notably Down
Slightly volatile
Non Current Liabilities Total457.2 K435.4 K
Sufficiently Up
Slightly volatile
Total Assets20.1 M19.1 M
Sufficiently Up
Slightly volatile
Total Current Assets608.4 K640.4 K
Notably Down
Very volatile
Mill City can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mill City's financial leverage. It provides some insight into what part of Mill City's total assets is financed by creditors.
Liquidity
Mill City Ventures currently holds 9.28 K in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. Mill City Ventures has a current ratio of 5.09, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Mill City's use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

670,623
Mill City Ventures (MCVT) is traded on NASDAQ Exchange in USA. It is located in 1907 Wayzata Boulevard East, Wayzata, MN, United States, 55391 and employs 3 people. Mill City is listed under Specialized Finance category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 18.55 M. Mill City Ventures conducts business under Financial Services sector and is part of Financials industry. The entity has 6.39 M outstanding shares of which 13.04 K shares are now shorted by private and institutional investors with about 8.23 trading days to cover. Mill City Ventures currently holds about 629.57 K in cash with 638.69 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check Mill City Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Mill City Ventures is $18.55 Million. Mill City Ventures secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 64.3 % of Mill City Ventures outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Mill Ownership Details

Mill Stock Institutional Holders

InstituionRecorded OnShares
Parsons Capital Management Inc2024-03-31
25 K
Tower Research Capital Llc2024-03-31
7.2 K
Ubs Group Ag2024-03-31
4.7 K
Wells Fargo & Co2024-03-31
16.0
Jpmorgan Chase & Co2024-03-31
5.0
View Mill City Diagnostics

Mill City Historical Income Statement

At this time, Mill City's Depreciation And Amortization is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 4.5 M in 2024, despite the fact that EBITDA is likely to grow to (1.5 M). View More Fundamentals

Mill Stock Against Markets

Additional Tools for Mill Stock Analysis

When running Mill City's price analysis, check to measure Mill City's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mill City is operating at the current time. Most of Mill City's value examination focuses on studying past and present price action to predict the probability of Mill City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mill City's price. Additionally, you may evaluate how the addition of Mill City to your portfolios can decrease your overall portfolio volatility.