MLSS Stock Summary and Trading Ideas (Milestone Scientific | AMEX:MLSS)

Milestone Scientific Inc is engaged in pioneering proprietary, technological systems, and solutions for the medical and dental markets. It develops, manufactures, markets, and sells the computer-controlled system for the improved and painless delivery of local anesthetic. The system is marketed in dentistry under the trademark CompuDent and in medicine under the trademark CompuMed. In addition, the company provides The Wand, a handpiece that allows dentists to provide painless injections for virtually various dental procedures, including routine cleanings and fillings, as well as implants, root canals, and crowns. The Company conducts its business through two reportable segments: Dental and Medical. Geographically all the operations of the firm function through the region of the U.S.

Milestone Scientific trades on the AMEX stock market under the symbol MLSS.

As of April 26, 2024, MLSS stock price declined to $0.56 with 51,462 million shares trading.

MLSS has a beta of 1.27, meaning it tends to be more sensitive to market movements. MLSS has a correlation of 0.06 to the broad based SPY ETF.

MLSS has a market cap of $42.66 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, MLSS stock traded as high as $3.17 and as low as $.41.

The top ETF exchange traded funds that MLSS belongs to (by Net Assets): VTI, VXF.

MLSS has underperformed the market in the last year with a return of -23.3%, while the SPY ETF gained +26.8%. In the last 3 month period, MLSS fell short of the market, returning -5.5%, while SPY returned +4.5%. However, in the most recent 2 weeks MLSS has outperformed the stock market by returning -1.9%, while SPY returned -1.9%.

MLSS support price is $.53 and resistance is $.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MLSS stock will trade within this expected range on the day.