Myseum (NASDAQ:MYSE) Shares Down 12.8% – Here’s What Happened

Shares of Myseum, Inc. (NASDAQ:MYSE) were down 12.8% during mid-day trading on Monday . The stock traded as low as $2.18 and last traded at $2.25. Approximately 108,456 shares changed hands during trading, an increase of 84% from the average daily volume of 58,888 shares. The stock had previously closed at $2.58.

Analyst Upgrades and Downgrades

MYSE has been the topic of several research analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Myseum in a research note on Monday, December 8th. Wall Street Zen upgraded Myseum to a “sell” rating in a research report on Saturday, November 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Myseum Trading Down 12.8%

The firm has a market capitalization of $9.59 million, a P/E ratio of -1.86 and a beta of 1.99. The business has a 50 day moving average of $2.44 and a 200-day moving average of $2.43.

Myseum (NASDAQ:MYSE) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.28) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On Myseum

An institutional investor recently bought a new position in Myseum stock. XTX Topco Ltd acquired a new position in Myseum, Inc. (NASDAQ:MYSE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,849 shares of the company’s stock, valued at approximately $40,000. XTX Topco Ltd owned approximately 0.32% of Myseum as of its most recent SEC filing. 0.92% of the stock is owned by hedge funds and other institutional investors.

Myseum Company Profile

Myseum, Inc (formerly DatChat Inc) is a security- and privacy-first social media and technology company focused on innovative and creative user platforms. Its flagship platform is Myseum, your Free Timeless Digital Shoebox Social Network that makes it easier to share your photos and videos both today, and for generations to come.