Insider Buying: My Size (NASDAQ:MYSZ) CEO Acquires 14,000 Shares of Stock

My Size, Inc. (NASDAQ:MYSZ) CEO Ronen Luzon bought 14,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was acquired at an average price of $0.90 per share, with a total value of $12,600.00. Following the completion of the purchase, the chief executive officer directly owned 71,735 shares of the company’s stock, valued at approximately $64,561.50. The trade was a 24.25% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Ronen Luzon also recently made the following trade(s):

• On Monday, November 24th, Ronen Luzon purchased 235 shares of My Size stock. The shares were purchased at an average price of $0.89 per share, with a total value of $209.15.
• On Thursday, November 20th, Ronen Luzon purchased 13,500 shares of My Size stock. The shares were acquired at an average cost of $0.76 per share, for a total transaction of $10,260.00.

My Size Stock Down 2.0%

Shares of NASDAQ:MYSZ traded down $0.02 during mid-day trading on Wednesday, hitting $0.89. 25,526 shares of the company traded hands, compared to its average volume of 475,652. The firm has a market cap of $3.41 million, a P/E ratio of -0.85 and a beta of -0.08. The firm’s 50 day simple moving average is $1.15 and its 200 day simple moving average is $1.21. My Size, Inc. has a 52-week low of $0.73 and a 52-week high of $9.40. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.72 and a current ratio of 2.73.

My Size (NASDAQ:MYSZ) last released its quarterly earnings results on Friday, November 14th. The company reported ($0.40) EPS for the quarter. My Size had a negative return on equity of 51.51% and a negative net margin of 47.39%.The business had revenue of $2.57 million during the quarter. On average, equities analysts anticipate that My Size, Inc. will post -3.43 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of My Size in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On My Size

A hedge fund recently bought a new stake in My Size stock. Virtu Financial LLC bought a new stake in shares of My Size, Inc. (NASDAQ:MYSZ) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned 0.98% of My Size as of its most recent SEC filing. 27.71% of the stock is owned by institutional investors and hedge funds.

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.