Key Points
- CEO Ronen Luzon purchased 13,500 shares of My Size (NASDAQ:MYSZ) on Nov. 20 at $0.76 each, spending about $10,260 and increasing his ownership by 30.68% to 57,500 shares.
- Shares jumped about 6.6% to $0.79 on Friday with higher-than-average volume; the company has a market cap of roughly $3.05 million, reported a ($0.40) EPS last quarter, and continues to show negative margins and earnings.
- Institutional activity included Virtu Financial buying 32,048 shares (~$38,000) in Q3 and hedge funds holding about 27.7% of the stock, while analyst coverage is negative with an average "Sell" rating and Weiss Ratings reaffirming a "sell (e+)."
My Size, Inc. (NASDAQ:MYSZ - Get Free Report) CEO Ronen Luzon purchased 13,500 shares of My Size stock in a transaction that occurred on Thursday, November 20th. The stock was bought at an average cost of $0.76 per share, for a total transaction of $10,260.00. Following the purchase, the chief executive officer directly owned 57,500 shares in the company, valued at $43,700. This trade represents a 30.68% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
My Size Trading Up 6.6%
My Size stock traded up $0.05 during trading hours on Friday, hitting $0.79. The company had a trading volume of 84,902 shares, compared to its average volume of 73,341. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.55 and a current ratio of 2.73. The firm has a market cap of $3.05 million, a P/E ratio of -0.75 and a beta of -0.08. The company has a 50-day moving average price of $1.16 and a two-hundred day moving average price of $1.21. My Size, Inc. has a 1 year low of $0.73 and a 1 year high of $9.40.
My Size (NASDAQ:MYSZ - Get Free Report) last issued its 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 company had revenue of $2.57 million for the quarter. On average, sell-side analysts anticipate that My Size, Inc. will post -3.43 earnings per share for the current year.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in My Size stock. Virtu Financial LLC purchased a new stake in My Size, Inc. (NASDAQ:MYSZ - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 32,048 shares of the company's stock, valued at approximately $38,000. Virtu Financial LLC owned approximately 0.98% of My Size as of its most recent filing with the SEC. 27.71% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a "sell (e+)" rating on shares of My Size in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, My Size has an average rating of "Sell".
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My Size Company Profile
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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.
Further Reading
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