A secret that hides My Size Inc’s strength (NASDAQ:MYSZ)

Stocks of My Size Inc (NASDAQ:MYSZ) traded higher last session on Wall Street, up 6.74% to $2.85.

MYSZ stock price is now 29.29% away from the 50-day moving average and 10.13% away from the 200-day moving average. The market capitalization of the company currently stands at $3.59M.

In other news, Luzon Ronen, Chief Executive Officer sold 6,000 shares of the company’s stock on Dec 30 ’24. The stock was sold for $31,240 at an average price of $5.21. Upon completion of the transaction, the Chief Executive Officer now directly owns 44,000 shares in the company, valued at $0.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 30 ’24, Chief Executive Officer Luzon Ronen sold 2,000 shares of the business’s stock. A total of $10,200 was realized by selling the stock at an average price of $5.10. This leaves the insider owning 19,750 shares of the company worth $56287.5. A total of 9.51% of the company’s stock is owned by insiders.

During the past 12 months, My Size Inc has had a low of $1.05 and a high of $9.40. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 2.49, and a quick ratio of 1.56. The fifty day moving average price for MYSZ is $2.20432 and a two-hundred day moving average price translates $2.587955 for the stock.

The latest earnings results from My Size Inc (NASDAQ: MYSZ) was released for 2024-06-30. The net profit margin was -47.58% and return on equity was -88.22% for MYSZ. The company reported revenue of $1.84 million for the quarter, compared to $2.16 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.7 percent.

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