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

My Size, Inc. (NASDAQ:MYSZ) shares were down 0.8% during mid-day trading on Wednesday . The company traded as low as $1.21 and last traded at $1.23. Approximately 68,037 shares traded hands during mid-day 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 Stock Performance

The stock has a 50-day simple moving average of $1.23 and a 200-day simple moving average of $1.75. 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 current ratio of 3.02, a quick ratio of 2.05 and a debt-to-equity ratio of 0.02.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in My Size stock. National Bank of Canada FI bought a new position in shares of My Size, Inc. (NASDAQ:MYSZ) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 12,918 shares of the company’s stock, valued at approximately $55,000. National Bank of Canada FI owned about 1.03% of My Size as of its most recent SEC filing. 27.71% of the stock is owned by institutional investors and hedge funds.

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.