My Size (NASDAQ:MYSZ) Trading Up 2.6% – Should You Buy?

My Size, Inc. (NASDAQ:MYSZ)’s share price traded up 2.6% during mid-day trading on Wednesday . The stock traded as high as $0.9201 and last traded at $0.9086. 28,340 shares were traded during trading, a decline of 92% from the average session volume of 338,179 shares. The stock had previously closed at $0.8860.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of My Size in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

My Size Stock Up 2.6%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.72 and a current ratio of 2.73. The firm has a market cap of $3.50 million, a price-to-earnings ratio of -0.86 and a beta of -0.25. The business’s 50 day moving average price is $1.06 and its 200 day moving average price is $1.18.

My Size (NASDAQ:MYSZ) last released its quarterly earnings data on Friday, November 14th. The company reported ($0.40) earnings per share for the quarter. My Size had a negative net margin of 47.39% and a negative return on equity of 51.51%. The firm had revenue of $2.57 million during the quarter. On average, equities analysts forecast that My Size, Inc. will post -3.43 EPS for the current year.

Institutional Trading of My Size

An institutional investor recently bought a new position in My Size stock. Virtu Financial LLC purchased a new position in My Size, Inc. (NASDAQ:MYSZ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned approximately 0.98% of My Size as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 27.71% of the company’s stock.

My Size Company Profile

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.