Milestone Scientific Inc [AMEX: MLSS] stock went on a downward path that fall over 0.00% on Friday, amounting to a one-week price decrease of less than 0.00%.
Over the last 12 months, MLSS stock rose by 102.02%. The one-year Milestone Scientific Inc stock forecast points to a potential upside of 44.34. The average equity rating for MLSS stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $91.91 million, with 77.68 million shares outstanding and 49.34 million shares in the current float. Compared to the average trading volume of 201.55K shares, MLSS stock reached a trading volume of 254534 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Milestone Scientific Inc [MLSS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MLSS shares is $2.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MLSS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Northland Capital have made an estimate for Milestone Scientific Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on September 16, 2020. While these analysts kept the previous recommendation, Maxim Group dropped their target price from $3 to $1.50. The new note on the price target was released on November 16, 2018, representing the official price target for Milestone Scientific Inc stock. Previously, the target price had yet another drop from $5 to $4, while Maxim Group kept a Buy rating on MLSS stock.
The Average True Range (ATR) for Milestone Scientific Inc is set at 0.09, with the Price to Sales ratio for MLSS stock in the period of the last 12 months amounting to 10.35. The Price to Book ratio for the last quarter was 12.69, with the Price to Cash per share for the same quarter was set at 0.06.
MLSS Stock Performance Analysis:
Milestone Scientific Inc [MLSS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by 0.00. With this latest performance, MLSS shares gained by 39.81% in over the last four-week period, additionally plugging by 38.81% over the last 6 months – not to mention a rise of 102.02% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MLSS stock in for the last two-week period is set at 64.63, with the RSI for the last a single of trading hit 66.54, and the three-weeks RSI is set at 62.72 for Milestone Scientific Inc [MLSS]. The present Moving Average for the last 50 days of trading for this stock 0.8771, while it was recorded at 1.1303 for the last single week of trading, and 0.8275 for the last 200 days.
Insight into Milestone Scientific Inc Fundamentals:
Milestone Scientific Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.86 and a Current Ratio set at 2.85.
Milestone Scientific Inc [MLSS] Institutonal Ownership Details
There are presently around $5.47%, or 6.47%% of MLSS stock, in the hands of institutional investors. The top three institutional holders of MLSS stocks are: VANGUARD GROUP INC with ownership of 2.15 million shares, which is approximately 2.6902%. GEODE CAPITAL MANAGEMENT, LLC, holding 0.5 million shares of the stock with an approximate value of $$0.34 million in MLSS stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$0.27 million in MLSS stock with ownership which is approximately 0.5038%.
