How Will Milestone Scientific Inc (AMEX: MLSS) Perform In The Next Few Months?

Best AI Stocks

Milestone Scientific Inc (AMEX:MLSS) has a beta value of 1.03 and has seen 0.46 million shares traded in the recent trading session. The company, currently valued at $74.77M, closed the recent trade at $0.96 per share which meant it gained $0.17 on the day or 21.37% during that session. The MLSS stock price is -14.58% off its 52-week high price of $1.10 and 45.83% above the 52-week low of $0.52. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.2 million shares traded. The 3-month trading volume is 110.09K shares.

Milestone Scientific Inc (AMEX:MLSS) trade information

Sporting 21.37% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the MLSS stock price touched $0.96 or saw a fall of -4.35%. Year-to-date, Milestone Scientific Inc shares have moved 39.15%, while the 5-day performance has seen it change 54.81%. Over the past 30 days, the shares of Milestone Scientific Inc (AMEX:MLSS) have changed 23.12%. Short interest in the company has seen 0.11 million shares shorted with days to cover at 1.65.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 76.0% from the levels at last check today. The projected low price target is $4.0 while the price target rests at a high of $4.0. In that case, then, we find that the latest price level in today’s session is -316.67% off the targeted high while a plunge would see the stock gain -316.67% from the levels at last check today.

Milestone Scientific Inc (MLSS) estimates and forecasts

The company’s shares have gained 26.73% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -5.76%.

2 analysts offering their estimates for the company have set an average revenue estimate of 2.65M for the current quarter. 2 have an estimated revenue figure of 2.43M for the next ending quarter. Year-ago sales stood 2.26M and 2.25M respectively for this quarter and the next, and analysts expect sales will grow by 17.38% for the current quarter and -5.76% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 14.67% over the past 5 years.

MLSS Dividends

Milestone Scientific Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Milestone Scientific Inc (AMEX:MLSS)’s Major holders

Insiders own 15.50% of the company shares, while shares held by institutions stand at 5.47% with a share float percentage of 6.47%. Investors are also buoyed by the number of investors in a company, with Milestone Scientific Inc having a total of 38.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 2.15 million shares worth more than $1.47 million. As of 2024-06-30, VANGUARD GROUP INC held 2.6902% of shares outstanding.

The other major institutional holder is GEODE CAPITAL MANAGEMENT, LLC, with the holding of over 0.5 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.34 million and represent 0.6213% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Jun 30, 2024, the former fund manager holds about 1.86% shares in the company for having 1.45 shares of worth $1.39 million while later fund manager owns 644.91 shares of worth $0.62 million as of Jun 30, 2024, which makes it owner of about 0.83% of company’s outstanding stock.