Mill City Ventures Stock Today
| MCVT Stock | USD 2.70 0.20 8.00% |
Performance0 of 100
| Odds Of DistressOver 56
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Mill City is selling for under 2.70 as of the 27th of April 2024; that is 8.00 percent increase since the beginning of the trading day. The stock's last reported lowest price was 2.7. Mill City has over 56 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 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 3rd of May 2023 and ending today, the 27th of April 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 11.86 K shares are now shorted by private and institutional investors with about 6.63 trading days to cover. More on Mill City Ventures
Moving against Mill Stock
| 0.43 | BN | Brookfield Corp | PairCorr |
| 0.41 | AB | AllianceBernstein | PairCorr |
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Mill Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mill City's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mill City or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Douglas Polinsky | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Banks (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Specialized Finance, Financial Services, NASDAQ Composite, Banks, Financials, Financial Services, Credit Services, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Mill City report their recommendations after researching Mill City's financial statements, talking to executives and customers, or listening in on Mill City's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Mill City Ventures. The Mill consensus assessment is calculated by taking the average forecast from all of the analysts covering Mill City. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Mill City's financial statements, Mill City Ventures is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Mill City Ventures is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Mill City's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Mill City's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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.
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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 15.96 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mill City's market, we take the total number of its shares issued and multiply it by Mill City's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. 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 11.86 K shares are now shorted by private and institutional investors with about 6.63 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.
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Ownership AllocationThe market capitalization of Mill City Ventures is $15.96 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.
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Mill Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Mill City jumping above the current price in 90 days from now is about 32.22%. The Mill City Ventures probability density function shows the probability of Mill City stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Mill City has a beta of 0.5084. This indicates as returns on the market go up, Mill City average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mill City Ventures will be expected to be much smaller as well. Additionally, mill City Ventures has an alpha of 0.0545, implying that it can generate a 0.0545 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Mill City to move above the current price in 90 days from now is about 32.22 (This Mill City Ventures probability density function shows the probability of Mill Stock to fall within a particular range of prices over 90 days) .
Mill Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Mill City that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Mill City's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Mill City's value.| Instituion | Recorded On | Shares | |
| Parsons Capital Management Inc | 2023-12-31 | 25 K | |
| Tower Research Capital Llc | 2023-12-31 | 3 K | |
| Ubs Group Ag | 2023-12-31 | 24.0 | |
| Wells Fargo & Co | 2023-12-31 | 16.0 | |
| Jpmorgan Chase & Co | 2023-12-31 | 3.0 |
Mill City Historical Income Statement
Mill City Ventures Income Statement is one of the three primary financial statements used for reporting Mill's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Mill City Ventures revenue and expense. Mill City Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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 FundamentalsMill Stock Against Markets
Picking the right benchmark for Mill City stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mill City stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mill City is critical whether you are bullish or bearish towards Mill City Ventures at a given time. Please also check how Mill City's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Mill City without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Mill City Corporate Directors
Mill City corporate directors refer to members of a Mill City board of directors. The board of directors generally takes responsibility for the Mill City's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Mill City's board members must vote for the resolution. The Mill City board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Howard Liszt | Independent Director | Profile | |
| Lyle Berman | Director | Profile | |
| Laurence Zipkin | Independent Director | Profile | |
| Joseph Geraci | CFO, Director | Profile |
How to buy Mill Stock?
Before investing in Mill City, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mill City. To buy Mill City stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mill City. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Mill City stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mill City Ventures stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Mill City Ventures stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Mill City Ventures, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Mill Stock please use our How to Invest in Mill City guide.
Already Invested in Mill City Ventures?
The danger of trading Mill City Ventures is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mill City is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mill City. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mill City Ventures is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Mill City Ventures is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mill Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mill City Ventures Stock. Highlighted below are key reports to facilitate an investment decision about Mill City Ventures Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mill City Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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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.
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Is Mill City's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mill City. If investors know Mill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mill City listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Earnings Share (0.18) | Revenue Per Share 0.528 | Quarterly Revenue Growth (0.05) | Return On Assets (0.01) |
The market value of Mill City Ventures is measured differently than its book value, which is the value of Mill that is recorded on the company's balance sheet. Investors also form their own opinion of Mill City's value that differs from its market value or its book value, called intrinsic value, which is Mill City's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mill City's market value can be influenced by many factors that don't directly affect Mill City's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mill City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mill City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mill City's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.