MLSS Stock: From $2.52 To $3.17 (25.79% Increase) Explanation

By Amit Chowdhry ● May 3, 2021
  • The stock price of Milestone Scientific Inc. (NYSEAMERICAN: MLSS) increased from $2.52 to $3.17 (up 25.79%) during intraday trading this morning. This is why it happened.

The stock price of Milestone Scientific Inc. (NYSEAMERICAN: MLSS) – a leading developer of computerized drug delivery instruments that provide painless and precise injections – increased from $2.52 to $3.17 (up 25.79%) during intraday trading this morning. Investors are responding positively to the company announcing the financial results for the first quarter of 2021.

— Revenue for the first quarter of 2021 increased more than 61% to $2.9 million versus $1.8 million for the same period last year.

— The company also achieved a strong sequential increase in sales of 32% versus the fourth quarter of

— The company saw growth in domestic and international revenues due to the success of a new dental sales and marketing strategy.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.