Analysts predict Milestone Scientific Inc. (MLSS) stock to reach $4 in the next 12 months

Milestone Scientific Inc. [MLSS] stock is trading at $1.06, up 16.05%. An important factor to consider is whether the stock is rising or falling in short-term value. The MLSS shares have gain 11.58% over the last week, with a monthly amount glided 6.20%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Maxim Group reaffirmed its Buy rating on November 16, 2018, and dropped its price target to $1.50. On December 23, 2016, Maxim Group reiterated its Buy rating and revised its price target to $4 on the stock. Maxim Group started tracking the stock assigning a Buy rating and suggested a price target of $5 on December 11, 2015.

Milestone Scientific Inc. [MLSS] stock has fluctuated between $0.52 and $1.10 over the past year. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Milestone Scientific Inc. [AMEX: MLSS] shares were valued at $1.06 at the most recent close of the market. An investor can expect a potential return of 277.36% based on the average MLSS price forecast.

Analyzing the MLSS fundamentals

Milestone Scientific Inc. [AMEX:MLSS] reported sales of 8.42M for the trailing twelve months, which represents a drop of -36.30%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at -0.8%, Pretax Profit Margin comes in at -0.55%, and Net Profit Margin reading is -0.55%. To continue investigating profitability, this company’s Return on Assets is posted at -0.38, Equity is -0.6 and Total Capital is -0.82. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9467 points at the first support level, and at 0.8333 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1167, and for the 2nd resistance point, it is at 1.1733.

Ratios To Look Out For

For context, Milestone Scientific Inc.’s Current Ratio is 3.00. On the other hand, the Quick Ratio is 2.13, and the Cash Ratio is 1.5. Considering the valuation of this stock, the price to sales ratio is 9.73, the price to book ratio is 10.29.

Transactions by insiders

Recent insider trading involved McGeehan Michael, Director, that happened on Sep 11 ’24 when 50107.0 shares were purchased. Director, OSSER LEONARD completed a deal on Aug 21 ’24 to sell 0.14 million shares.

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