My Size (NASDAQ:MYSZ) Shares Up 6% – Time to Buy?

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

Wall Street Analyst Weigh In

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

My Size Price Performance

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

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

Institutional Investors Weigh In On My Size

An institutional investor recently raised its stake in My Size stock. DRW Securities LLC boosted its holdings in My Size, Inc. (NASDAQ:MYSZ) by 114.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,214 shares of the company’s stock after acquiring an additional 39,046 shares during the period. DRW Securities LLC owned about 1.90% of My Size worth $56,000 at the end of the most recent quarter. 27.71% of the stock is currently owned by hedge funds and other institutional investors.

My Size Company Profile

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.