My Size, Inc. (NASDAQ:MYSZ) CEO Sells $31,260.00 in Stock

My Size, Inc. (NASDAQ:MYSZ) CEO Ronen Luzon sold 6,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $5.21, for a total value of $31,260.00. Following the completion of the transaction, the chief executive officer now owns 44,000 shares of the company’s stock, valued at approximately $229,240. The trade was a 12.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

My Size Trading Down 2.7 %

Shares of NASDAQ:MYSZ opened at $4.25 on Friday. My Size, Inc. has a 52-week low of $1.05 and a 52-week high of $9.40. The stock has a market cap of $5.36 million, a price-to-earnings ratio of -0.62 and a beta of 0.93. The company has a quick ratio of 1.56, a current ratio of 2.49 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average price of $2.09 and a 200-day moving average price of $2.13.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reduced their price objective on My Size from $5.00 to $3.00 and set a “buy” rating for the company in a research note on Monday, November 18th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in My Size stock. Armistice Capital LLC purchased a new stake in shares of My Size, Inc. (NASDAQ:MYSZ) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 26,000 shares of the company’s stock, valued at approximately $69,000. Armistice Capital LLC owned approximately 4.06% of My Size at the end of the most recent quarter. Institutional investors own 27.71% of the company’s stock.

My Size Company Profile

My Size, Inc, an omnichannel e-commerce platform, provides AI-driven software as a service measurement solutions for fashion ecommerce companies in Israel, Spain, and internationally. It operates through Fashion and Equipment E-Commerce Platform, and SaaS Solutions segments. The company offers Size Form, which generates accurate measurements to find proper fitting clothes and accessories; First Look Smart Mirror, a solution for brick and mortar stores that allows customers to filter the whole physical store by their size and fit; Smart Catalogue, a solution that suggests the launch of new sizes, detects new product niches, and allows brands to adapt their assortment to their customer base; and True Feedback solution.