Insider Selling: My Size, Inc. (NASDAQ:MYSZ) CFO Sells 2,000 Shares of Stock

My Size, Inc. (NASDAQ:MYSZ) CFO Or Kles sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $5.40, for a total value of $10,800.00. Following the completion of the sale, the chief financial officer now owns 19,750 shares in the company, valued at approximately $106,650. This represents a 9.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

My Size Trading Down 2.7 %

Shares of NASDAQ:MYSZ opened at $4.25 on Friday. The company has a 50 day moving average of $2.09 and a 200-day moving average of $2.12. The company has a current ratio of 2.49, a quick ratio of 1.56 and a debt-to-equity ratio of 0.04. The firm has a market cap of $5.36 million, a P/E ratio of -0.62 and a beta of 0.93. My Size, Inc. has a twelve month low of $1.05 and a twelve month high of $9.40.

Hedge Funds Weigh In On My Size

A hedge fund recently bought a new stake in My Size stock. Armistice Capital LLC acquired a new stake in My Size, Inc. (NASDAQ:MYSZ) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,000 shares of the company’s stock, valued at approximately $69,000. Armistice Capital LLC owned 4.06% of My Size as of its most recent SEC filing. 27.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright lowered their price target on My Size from $5.00 to $3.00 and set a “buy” rating on the stock in a report on Monday, November 18th.

About My Size

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.