Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Mill City Ventures III Ltd’s current trading price is -16.75% away from its 52-week high, while its distance from the 52-week low is 84.96%. The stock’s price range during this period has varied between $1.75 and $3.88. The company, active in the Financial sector, saw a trading volume of around 0.87 million for the day, considerably higher average daily volume of 71710.0 observed over the last three months.
Mill City Ventures III Ltd’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $3.88 on 09/16/24, and the lowest price during that time was $1.75, recorded on 11/22/24.
How Financial Performance Impacts Market Capitalization
Mill City Ventures III Ltd (MCVT) has experienced a quarterly rise of 66.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.62M and boasts a workforce of 2 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.27, with a change in price of +0.74. Similarly, Mill City Ventures III Ltd recorded 82,508 in trading volume during the last 100 days, posting a change of +29.72%.
How MCVT’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for MCVT stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
MCVT Stock Stochastic Average
As of today, the raw stochastic average of Mill City Ventures III Ltd over the past 50 days is 85.11%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 83.67%. Additionally, the Stochastic %K and %D values for the company were 72.43% and 76.92%, respectively, over the past 20 days.
MCVT Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 65.45%. However, over the past six months, we’ve seen a weaker performance of 26.17%. The price of MCVT fallen by 69.11% over the last 30 days. And in the last five days, it has surged by 64.80%.
