Milestone Scientific Inc (AMEX:MLSS) has a beta value of 1.11 and has seen 0.94 million shares traded in the last trading session. The company, currently valued at $88.80M, closed the last trade at $1.14 per share which meant it gained $0.11 on the day or 10.68% during that session. The MLSS stock price is 3.51% off its 52-week high price of $1.10 and 54.39% 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 0.15 million shares traded. The 3-month trading volume is 162.67K shares.
Milestone Scientific Inc (AMEX:MLSS) trade information
Over the past 30 days, the shares of Milestone Scientific Inc (AMEX:MLSS) have changed 28.81%. Short interest in the company has seen 0.11 million shares shorted with days to cover at 1.65.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 71.5% from current levels. 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 current price level is -250.88% off the targeted high while a plunge would see the stock gain -250.88% from current levels.
Milestone Scientific Inc (MLSS) estimates and forecasts
The company’s shares have gained 41.72% 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 February 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.
