My Size, Inc. (NASDAQ:MYSZ) CEO Sells $31,260.00 in Stock

My Size, Inc. (NASDAQ:MYSZ) CEO Ronen Luzon sold 6,000 shares of My Size stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $5.21, for a total value of $31,260.00. Following the transaction, the chief executive officer now owns 44,000 shares of the company’s stock, valued at approximately $229,240. This represents a 12.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

My Size Stock Down 2.7 %

Shares of MYSZ opened at $4.25 on Friday. The company has a current ratio of 2.49, a quick ratio of 1.56 and a debt-to-equity ratio of 0.04. My Size, Inc. has a 12 month low of $1.05 and a 12 month high of $9.40. The stock’s 50 day moving average is $2.09 and its two-hundred day moving average is $2.13. The firm has a market cap of $5.36 million, a P/E ratio of -0.62 and a beta of 0.93.

Institutional Trading of My Size

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

Analysts Set New Price Targets

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

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.