My Size (NASDAQ:MYSZ) Stock Price Up 6% – What’s Next?

My Size, Inc. (NASDAQ:MYSZGet Free Report) was up 6% during trading on Wednesday . The company traded as high as $0.4770 and last traded at $0.4770. Approximately 56,860 shares traded hands during trading, a decline of 78% from the average session volume of 253,394 shares. The stock had previously closed at $0.45.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on My Size

My Size Stock Up 6.0%

The firm has a 50-day simple moving average of $0.52 and a 200 day simple moving average of $0.64. The company has a market capitalization of $2.30 million, a PE ratio of -0.28 and a beta of -0.08. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.69 and a quick ratio of 0.76.

My Size (NASDAQ:MYSZGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.31) earnings per share for the quarter, topping the consensus estimate of ($0.32) by $0.01. The company had revenue of $2.39 million during the quarter, compared to the consensus estimate of $3.50 million. My Size had a negative return on equity of 105.26% and a negative net margin of 60.99%.

Institutional Investors Weigh In On My Size

An institutional investor recently bought a new stake in My Size stock. Virtu Financial LLC bought a new stake in shares of My Size, Inc. (NASDAQ:MYSZFree Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned about 0.98% of My Size at the end of the most recent quarter. Institutional investors and hedge funds own 27.71% of the company’s stock.

About My Size

(Get Free Report)

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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