Stocks to Watch: Milestone Scientific Inc. (MLSS) and The9 Limited (NCTY) on the Marquee

The price of Milestone Scientific Inc. (NYSE:MLSS) went down by $-0.02 now trading at $0.42. Their shares witnessed a 61.54% increase from the 52-week low price of $0.26 they recorded on 2018-12-27. Even though it is still -161.9% behind the $1.1 high touched on 2018-05-29. The last few days have been good for the stock, as its price has grew by 5.82% during the week. It has also performed poorly over the past three months, as it lost around -12.3% while it has so far retreated around -46.58% during the course of a year. The stock of MLSS recorded 26.69% uptrend from the beginning of this year till date. The 12-month potential price target for Milestone Scientific Inc. is set at $1. This target means that the stock has an upside potential to increase by 138.1% from the current trading price.

2 institutions entered new Milestone Scientific Inc. (NYSE:MLSS) positions, 8 added to their existing positions in these shares, 2 lowered their positions, and 0 exited their positions entirely.

Milestone Scientific Inc. (MLSS) trade volume has decreased by -75.36% as around 53,948 shares were sold when compared with its 50-day average volume of traded shares which is 218,948. At the moment, MLSS is witnessing a uptrend, as it is trading 11.56% above its 20-day SMA, 14.63% above its 50-day SMA, and -22.8% above its 200-day SMA. The company runs an ROE of roughly -221.5%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the -35.2% decrease witnessed over the past five years.

The first technical resistance point for Milestone Scientific Inc. (NYSE:MLSS) will likely come at $0.43, marking a 2.33% premium to the current level. The second resistance point is at $0.45, about 6.67% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $0.41, the lower end of the range. MLSS’s 14-day MACD is 0.05 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 58.08, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 76.48 percent, which is high when compared to that of the 50-day’s 73.34 percent.

The shares of The9 Limited (NASDAQ:NCTY) has decreased by -2.86%, and now trading at $1.7 on the Wall Street in the intra-day deal, with their shares traded now around 89,026. This is a decline of -901,534 shares over the average 990,560 shares that were traded daily over the last three months. The stock that is trading at $1.7 went higher by 117.95% from its 52-week low of $0.78 that it attained back on 2018-12-27. The stock recorded a 52-week high of $8.13 nearly 193 days ago on 2018-10-19.

NCTY stock hasn’t performed well over the past 30 days, as it lost -17.07% while its price climbed by 65.05% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -2.3% over the last week. The stock’s 12-month potential target price is now at $3.5.

The9 Limited (NASDAQ:NCTY) has been utilizing an ROE that is roughly 27.1%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the 24.2% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -10.53% below its 20-day SMA, -6.49% below its 50-day SMA, and 18.26% above its 200-day SMA. In percentage terms, the aggregate The9 Limited shares held by institutional investors is 0.04%. 3 institutions jumped in to acquire The9 Limited (NCTY) fresh stake, 3 added to their current holdings in these shares, 5 lowered their positions, and 4 left no stake in the company.

The stock’s 9-day MACD is 0.02 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 39.83, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 72.87 percent, which is less when compared to that of the 50-day’s 140.79 percent. On the daily chart, we see that the stock could reach the first level of resistance at $1.75, sporting a 2.86% premium to the current level. The next resistance point is at $1.81, representing nearly 6.08% premium to the current market price of The9 Limited (NCTY). On the other hand, failure to breach the immediate hurdles can drag it down to $1.61, the lower end of the range.

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