My Size (NASDAQ:MYSZ) Trading Down 8.3%

My Size, Inc. (NASDAQ:MYSZ)’s stock price was down 8.3% during trading on Friday . The stock traded as low as $2.39 and last traded at $2.44. Approximately 33,516 shares traded hands during trading, a decline of 45% from the average daily volume of 61,414 shares. The stock had previously closed at $2.66.

My Size Stock Performance

The firm’s 50-day moving average price is $2.90 and its 200 day moving average price is $3.45. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.97 and a current ratio of 1.76. The company has a market cap of $1.56 million, a price-to-earnings ratio of -0.11 and a beta of 0.94.

My Size (NASDAQ:MYSZ) last issued its quarterly earnings results on Wednesday, May 15th. The company reported ($1.88) EPS for the quarter. My Size had a negative return on equity of 153.83% and a negative net margin of 74.11%. The business had revenue of $2.98 million for the quarter. On average, sell-side analysts anticipate that My Size, Inc. will post -7.61 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in My Size stock. Armistice Capital LLC raised its stake in My Size, Inc. (NASDAQ:MYSZ) by 78.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 315,000 shares of the company’s stock after purchasing an additional 138,000 shares during the period. Armistice Capital LLC owned 8.70% of My Size worth $213,000 at the end of the most recent quarter. Institutional investors own 27.71% of the company’s stock.

My Size Company Profile

My Size, Inc, an omnichannel e-commerce platform, provides AI-driven apparel sizing and digital solutions for online shopping and physical stores in Israel. The company operates through three segments: Fashion and Equipment E-Commerce Platform; SaaS Solutions; and Naiz. It offers MySizeID, an application that enables consumers to create an online profile of their personal measurements to get the right fit; BoxSize, a parcel measurement application that allows consumers to measure the size of their parcel with their smartphone, calculate shipping costs, and arrange for a convenient pick-up time for the package; and SizeUp, a digital tape measure that allows users to measure length, width, and height of a surface by moving their smartphone from point to point of an object or space.