My Size (NASDAQ:MYSZ) Releases Earnings Results

My Size (NASDAQ:MYSZ) posted its quarterly earnings data on Thursday. The company reported ($2.92) earnings per share for the quarter, FiscalAI reports. The business had revenue of $3.07 million during the quarter. My Size had a negative net margin of 66.75% and a negative return on equity of 138.43%.

My Size Price Performance

Shares of MYSZ stock traded down $0.41 during mid-day trading on Friday, reaching $2.97. The company’s stock had a trading volume of 324,013 shares, compared to its average volume of 61,041. The firm’s 50-day moving average is $3.47 and its two-hundred day moving average is $4.34. The company has a market cap of $2.00 million, a P/E ratio of -0.19 and a beta of -0.07. My Size has a 1-year low of $2.64 and a 1-year high of $11.84. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.76 and a current ratio of 1.69.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of My Size in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, My Size currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in My Size stock. Virtu Financial LLC purchased a new position in shares of My Size, Inc. (NASDAQ:MYSZ) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned 0.98% of My Size as of its most recent SEC filing. Hedge funds and other institutional investors own 27.71% of the company’s stock.

About My Size

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.