My Size (NASDAQ:MYSZ) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

My Size (NASDAQ:MYSZGet Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.31) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.32) by $0.01, Zacks reports. The business had revenue of $2.39 million during the quarter, compared to analysts’ expectations of $3.50 million. My Size had a negative net margin of 60.99% and a negative return on equity of 94.65%.

My Size Trading Down 1.9%

MYSZ traded down $0.01 during trading on Friday, reaching $0.52. The company had a trading volume of 73,815 shares, compared to its average volume of 25,361. The firm’s 50-day simple moving average is $0.61 and its 200 day simple moving average is $0.77. The company has a market cap of $2.51 million, a price-to-earnings ratio of -0.30 and a beta of -0.13. My Size has a 12-month low of $0.50 and a 12-month high of $1.65. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.14 and a current ratio of 1.87.

Hedge Funds Weigh In On 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:MYSZFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned approximately 0.98% of My Size at the end of the most recent reporting period. 27.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of My Size in a report on Friday, April 10th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on My Size

My Size Company Profile

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My Size, Inc (NASDAQ: MYSZ) is a technology company specializing in mobile measurement and dimensioning solutions designed to optimize online shopping and logistics operations. Leveraging proprietary algorithms and smartphone sensors, the company enables consumers to obtain accurate body measurements and apparel fit recommendations, while also providing carriers and warehouses with automated package dimensioning systems. By addressing pain points related to e-commerce returns and shipping inefficiencies, My Size aims to drive cost savings and improve customer satisfaction across the retail and delivery ecosystems.

The company’s flagship offering, MySizeID™, is a mobile application and software development kit (SDK) that integrates with e-commerce platforms to guide shoppers to the correct garment size.

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Earnings History for My Size (NASDAQ:MYSZ)

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