My Size (NASDAQ:MYSZ) Trading Down 0.8% – What’s Next?

My Size, Inc. (NASDAQ:MYSZ)’s stock price was down 0.8% during trading on Wednesday . The stock traded as low as $1.21 and last traded at $1.23. Approximately 68,037 shares were traded during trading, a decline of 93% from the average daily volume of 1,030,471 shares. The stock had previously closed at $1.24.

My Size Price Performance

The company has a market capitalization of $3.81 million, a price-to-earnings ratio of -0.18 and a beta of -0.06. The company has a quick ratio of 2.05, a current ratio of 3.02 and a debt-to-equity ratio of 0.02. The company has a 50 day simple moving average of $1.23 and a 200 day simple moving average of $1.75.

My Size (NASDAQ:MYSZ) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.51) EPS for the quarter. The firm had revenue of $1.48 million for the quarter. My Size had a negative return on equity of 59.04% and a negative net margin of 59.82%. As a group, research analysts predict that My Size, Inc. will post -3.43 EPS for the current year.

Institutional Investors 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 position in My Size, Inc. (NASDAQ:MYSZ) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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. Hedge funds and other institutional investors own 27.71% of the company’s stock.

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.