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Does My Size Inc. (NASDAQ:MYSZ) presents a BIG investment opportunity?

March 10, 2023
in Industry

In yesterday’s Wall Street session, My Size Inc. (NASDAQ:MYSZ) shares traded at $1.37, down -10.46% from the previous session.

MYSZ stock price is now -40.47% away from the 50-day moving average and -69.21% away from the 200-day moving average. The market capitalization of the company currently stands at $2.20M.

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A total of 18.89% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in MYSZ stock. A new stake in My Size Inc. shares was purchased by UBS GROUP AG during the first quarter worth $2,000. In total, there are 9 active investors with 5.94% ownership of the company’s stock.

Thursday morning saw My Size Inc. (NASDAQ: MYSZ) opened at $1.4700. During the past 12 months, My Size Inc. has had a low of $1.40 and a high of $12.50. The fifty day moving average price for MYSZ is $2.3012 and a two-hundred day moving average price translates $4.4491 for the stock.

The latest earnings results from My Size Inc. (NASDAQ: MYSZ) was released for Sep, 2022. According to the Software – Application Company, earnings per share came in at -$0.09, missing analysts’ expectations of -$0.08 by -0.01. This compares to -$3.34 EPS in the same period last year. The company reported revenue of $0.73 million for the quarter, compared to $31000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2241.94 percent.

My Size Inc.(MYSZ) Company Profile

My Size, Inc. develops and commercializes mobile device measurement solutions for e-commerce fashion/apparel, shipping/parcel, and do it yourself industries in Israel. 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 customers to measure the size of their parcel with their smartphone, calculate shipping costs, and arrange for a convenient pick-up time for the package; SizeUp app, which allows users to utilize their smartphone as a tape measure; and SizeIT, a smart measuring tape SDK that provides users with the ability to instantly and accurately measure objects with a quick movement of their mobile device. The company was formerly known as Knowledgetree Ventures, Inc. and changed its name to My Size, Inc. in January 2014. My Size, Inc. was incorporated in 1999 and is headquartered in Airport City, Israel.

Tags: My Size Inc.MYSZMYSZ stockNASDAQ:MYSZ

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