StockNews.com Initiates Coverage on Milestone Scientific (NYSE:MLSS)

Research analysts at StockNews.com started coverage on shares of Milestone Scientific (NYSE:MLSSGet Free Report) in a report issued on Thursday. The brokerage set a “hold” rating on the stock.

Milestone Scientific Stock Performance

NYSE MLSS opened at $0.68 on Thursday. The firm has a market capitalization of $52.77 million, a price-to-earnings ratio of -6.83 and a beta of 0.90. Milestone Scientific has a one year low of $0.52 and a one year high of $1.35. The company’s 50 day moving average price is $0.69 and its 200 day moving average price is $0.66.

Milestone Scientific (NYSE:MLSSGet Free Report) last announced its quarterly earnings results on Wednesday, May 15th. The company reported ($0.02) earnings per share for the quarter. Milestone Scientific had a negative return on equity of 93.64% and a negative net margin of 74.50%. The business had revenue of $2.25 million for the quarter.

About Milestone Scientific

(Get Free Report)

Milestone Scientific Inc, a biomedical technology research and development company, patents, designs, develops, and commercializes diagnostic and therapeutic injection technologies, and devices for medical, dental, and cosmetic use in the United States, China, and internationally. The company operates through Dental and Medical segments.

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