My Size (NASDAQ:MYSZ) Stock Price Up 4.3%

My Size, Inc. (NASDAQ:MYSZ) shares were up 4.3% during trading on Wednesday . The stock traded as high as $3.09 and last traded at $2.89. 82,327 shares were traded during trading, an increase of 51% from the average daily volume of 54,577 shares. The stock had previously closed at $2.77.

My Size Stock Up 4.3 %

The firm has a 50 day simple moving average of $3.60 and a two-hundred day simple moving average of $3.83. The stock has a market capitalization of $1.85 million, a P/E ratio of -0.13 and a beta of 0.94. The company has a quick ratio of 0.97, a current ratio of 1.76 and a debt-to-equity ratio of 0.06.

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

Institutional Inflows and Outflows

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

About My Size

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.