My Size (NASDAQ:MYSZ) Trading Down 9.4% – Time to Sell?

My Size, Inc. (NASDAQ:MYSZ)’s share price was down 9.4% during trading on Tuesday . The company traded as low as $1.25 and last traded at $1.25. Approximately 132,308 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 1,028,640 shares. The stock had previously closed at $1.38.

My Size Stock Down 9.4%

The business’s fifty day moving average price is $1.27 and its 200 day moving average price is $1.77. The firm has a market capitalization of $3.88 million, a price-to-earnings ratio of -0.18 and a beta of -0.07. The company has a current ratio of 2.49, a quick ratio of 1.56 and a debt-to-equity ratio of 0.04.

My Size (NASDAQ:MYSZ) last announced its earnings results on Thursday, May 15th. The company reported ($0.51) EPS for the quarter. The business had revenue of $1.48 million during the quarter. My Size had a negative net margin of 47.58% and a negative return on equity of 73.43%. On average, equities analysts expect that My Size, Inc. will post -3.43 EPS for the current year.

Hedge Funds Weigh In On My Size

A hedge fund recently bought a new stake in My Size stock. National Bank of Canada FI bought a new stake in My Size, Inc. (NASDAQ:MYSZ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,918 shares of the company’s stock, valued at approximately $55,000. National Bank of Canada FI owned 1.03% of My Size at the end of the most recent reporting period. 27.71% of the stock is currently owned by institutional investors and hedge funds.

About My Size

My Size, Inc, an omnichannel e-commerce platform, provides AI-driven software as a service measurement solutions for fashion ecommerce companies in Israel, Spain, and internationally. It operates through Fashion and Equipment E-Commerce Platform, and SaaS Solutions segments. The company offers Size Form, which generates accurate measurements to find proper fitting clothes and accessories; First Look Smart Mirror, a solution for brick and mortar stores that allows customers to filter the whole physical store by their size and fit; Smart Catalogue, a solution that suggests the launch of new sizes, detects new product niches, and allows brands to adapt their assortment to their customer base; and True Feedback solution.