Is My Size Inc [MYSZ] a good investment? Don’t be fooled by its recent momentum

The price of My Size Inc (NASDAQ:MYSZ) shares last traded on Wall Street rose 42.06% to $1.79.

MYSZ stock price is now 5.11% away from the 50-day moving average and -12.26% away from the 200-day moving average. The market capitalization of the company currently stands at $3.78M.

In other news, AVATAR SECURITIES, LLC, 10% Owner sold 120,624 shares of the company’s stock on Dec 30 ’24. The stock was sold for $585,089 at an average price of $4.85. Upon completion of the transaction, the 10% Owner now directly owns 31,086 shares in the company, valued at $55643.94. 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 6,000 shares of the business’s stock. A total of $31,240 was realized by selling the stock at an average price of $5.21. This leaves the insider owning 44,000 shares of the company worth $78760.0. A total of 7.89% 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 0.04, a current ratio of 3.03, and a quick ratio of 2.09. The fifty day moving average price for MYSZ is $1.7029 and a two-hundred day moving average price translates $2.040115 for the stock.

The latest earnings results from My Size Inc (NASDAQ: MYSZ) was released for 2024-09-30. The net profit margin was -48.38% and return on equity was -68.62% for MYSZ. The company reported revenue of $1.46 million for the quarter, compared to $2.83 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -48.59 percent.

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