Milestone Scientific (NYSEAMERICAN:MLSS) Stock Price Up 12.5%
Milestone Scientific Inc. (NYSEAMERICAN:MLSS)’s share price rose 12.5% on Monday . The company traded as high as $0.64 and last traded at $0.63, approximately 204,222 shares changed hands during trading. A decline of 23% from the average daily volume of 266,474 shares. The stock had previously closed at $0.56.
Separately, Maxim Group reaffirmed a “buy” rating and set a $1.00 target price on shares of Milestone Scientific in a report on Friday, August 16th.
Milestone Scientific (NYSEAMERICAN:MLSS) last announced its earnings results on Wednesday, August 14th. The medical instruments supplier reported ($0.02) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.02). The business had revenue of $2.26 million for the quarter.
About Milestone Scientific (NYSEAMERICAN:MLSS)
Milestone Scientific, Inc develops computer-controlled anesthetic delivery devices for the medical and dental markets in the United States and internationally. The company operates through dental and medical segments. Its products include CompuDent System used to control the flow rate of the anesthesia during the injection that allows virtually painless injections for various dental procedures, including routine fillings, implants, root canals, and crowns; and CompuFlo, a computer-controlled drug delivery system for the painless delivery of drugs, anesthetics, and other medicaments, as well as for the aspiration of bodily fluids or previously injected substances.
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