My Size (NASDAQ:MYSZ) Stock Price Up 4.5% – Should You Buy?

My Size, Inc. (NASDAQ:MYSZ) was up 4.5% during trading on Thursday . The stock traded as high as $0.70 and last traded at $0.6701. Approximately 104,078 shares traded hands during trading, an increase of 77% from the average daily volume of 58,964 shares. The stock had previously closed at $0.6410.

Analyst Ratings Changes

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, Based on data from MarketBeat, My Size currently has a consensus rating of “Sell”.

My Size Stock Up 4.5%

The company has a quick ratio of 1.72, a current ratio of 2.73 and a debt-to-equity ratio of 0.11. The firm has a 50 day simple moving average of $0.60 and a 200-day simple moving average of $0.85. The stock has a market cap of $2.58 million, a P/E ratio of -0.35 and a beta of -0.28.

My Size (NASDAQ:MYSZ) last released its quarterly earnings data on Wednesday, April 15th. The company reported ($0.87) earnings per share (EPS) for the quarter. The business had revenue of $3.31 million during the quarter. My Size had a negative net margin of 47.39% and a negative return on equity of 51.51%. On average, equities research analysts forecast that My Size, Inc. will post -3.43 earnings per share for the current fiscal year.

Institutional Trading of My Size

An institutional investor recently raised its position in My Size stock. DRW Securities LLC raised its holdings in My Size, Inc. (NASDAQ:MYSZ) by 114.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,214 shares of the company’s stock after buying 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. Institutional investors own 27.71% of the company’s stock.

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.