The market has been high on Milestone Scientific Inc. (MLSS) stock recently. MLSS gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With MLSS Stock Today?
Milestone Scientific Inc. (MLSS) stock is lower by -4.71% while the S&P 500 is higher by 0.88% as of 1:47 PM on Tuesday, Jan 19. MLSS is down -$0.13 from the previous closing price of $2.76 on volume of 430,068 shares. Over the past year the S&P 500 has risen 14.47% while MLSS is higher by 61.35%. MLSS lost -$0.16 per share in the over the last 12 months.
To see the top 5 stocks in the Medical Instruments & Supplies industry click here.
More About Milestone Scientific Inc.
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.
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