My Size (NASDAQ:MYSZ) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

My Size (NASDAQ:MYSZ) issued its quarterly earnings results on Thursday. The company reported ($0.31) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.32) by $0.01, Zacks reports. The company had revenue of $2.39 million for the quarter, compared to the consensus estimate of $3.50 million. My Size had a negative return on equity of 90.39% and a negative net margin of 62.51%.

My Size Stock Performance

Shares of NASDAQ:MYSZ traded down $0.01 during midday trading on Friday, hitting $0.52. The company’s stock had a trading volume of 73,815 shares, compared to its average volume of 104,568. The stock has a market capitalization of $2.51 million, a price-to-earnings ratio of -0.27 and a beta of -0.13. The stock’s 50 day simple moving average is $0.61 and its 200 day simple moving average is $0.77. My Size has a fifty-two week low of $0.50 and a fifty-two week high of $1.65. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.14 and a current ratio of 1.87.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of My Size in a research report on Friday, April 10th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, My Size currently has an average rating of “Sell”.

Institutional Investors Weigh In On My Size

An institutional investor recently bought a new position in My Size stock. Virtu Financial LLC bought a new position in shares of My Size, Inc. (NASDAQ:MYSZ) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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 SEC filing. 27.71% of the stock is owned by hedge funds and other institutional investors.

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.