Myseum (NASDAQ:MYSE) Shares Down 3.1% – Time to Sell?

Myseum, Inc. (NASDAQ:MYSE) was down 3.1% on Thursday . The company traded as low as $1.76 and last traded at $1.89. Approximately 58,345 shares changed hands during mid-day trading, a decline of 1% from the average daily volume of 59,096 shares. The stock had previously closed at $1.95.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MYSE. Weiss Ratings restated a “sell (d-)” rating on shares of Myseum in a research note on Monday, December 29th. Wall Street Zen upgraded Myseum to a “sell” rating in a report on Saturday, November 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Myseum Stock Performance

The stock has a 50 day moving average of $2.02 and a two-hundred day moving average of $2.25. The firm has a market capitalization of $8.05 million, a P/E ratio of -1.56 and a beta of 2.00.

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

Hedge Funds Weigh In On Myseum

An institutional investor recently bought a new position in Myseum stock. XTX Topco Ltd acquired a new stake in Myseum, Inc. (NASDAQ:MYSE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,849 shares of the company’s stock, valued at approximately $40,000. XTX Topco Ltd owned 0.32% of Myseum at the end of the most recent quarter. 0.92% of the stock is currently owned by 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.