Milestone Scientific Inc (AMEX: MLSS) is 31.25% higher on its value in year-to-date trading and has touched a low of $0.52 and a high of $1.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MLSS stock was last observed hovering at around $1.03 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $1.26, the stock is 39.36% and 50.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing 22.33% at the moment leaves the stock 55.05% off its SMA200. MLSS registered 83.14% gain for a year compared to 6-month gain of 56.64%. The firm has a 50-day simple moving average (SMA 50) of $0.8366 and a 200-day simple moving average (SMA200) of $0.8127.
The stock witnessed a 42.37% loss in the last 1 month and extending the period to 3 months gives it a 46.51%, and is 31.25% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.82% over the week and 8.70% over the month.
Milestone Scientific Inc (MLSS) has around 17 employees, a market worth around $98.14M and $8.88M in sales. Profit margin for the company is -52.01%. Distance from 52-week low is 142.31% and 14.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-62.25%).
The EPS is expected to grow by 50.00% this year
38.0 institutions hold shares in Milestone Scientific Inc (MLSS), with institutional investors hold 6.47% of the company’s shares. The shares outstanding are 77.68M, and float is at 49.34M with Short Float at 0.20%. Institutions hold 5.47% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 2.15 million shares valued at $1.47 million. The investor’s holdings represent 2.6902 of the MLSS Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 0.5 million shares valued at $0.34 million to account for 0.6213 of the shares outstanding. The other top investors are BRIDGEWAY CAPITAL MANAGEMENT, LLC which holds 0.4 million shares representing 0.5038 and valued at over $0.27 million, while CARNEGIE CAPITAL ASSET MANAGEMENT, LLC holds 0.1821 of the shares totaling 0.15 million with a market value of $99213.0.
Milestone Scientific Inc (MLSS) Insider Activity
The most recent transaction is an insider sale by McGeehan Michael, the company’s Director. SEC filings show that McGeehan Michael sold 20,000 shares of the company’s common stock on Dec 19 ’24 at a price of $0.78 per share for a total of $15532.0. Following the sale, the insider now owns 0.58 million shares.
Still, SEC filings show that on Oct 22 ’24, OSSER LEONARD (Director) disposed off 107,984 shares at an average price of $0.93 for $0.1 million. The insider now directly holds 4,606,882 shares of Milestone Scientific Inc (MLSS).
