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 business’s stock in a transaction on 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 $229,240. This represents a 12.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

My Size Stock Performance

Shares of MYSZ traded up $0.10 during mid-day trading on Thursday, hitting $4.37. 339,353 shares of the company traded hands, compared to its average volume of 704,232. My Size, Inc. has a 1 year low of $1.05 and a 1 year high of $9.40. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.56 and a current ratio of 2.49. The stock has a 50-day moving average price of $1.98 and a two-hundred day moving average price of $2.10. The stock has a market cap of $5.51 million, a price-to-earnings ratio of -0.63 and a beta of 0.93.

Wall Street Analyst Weigh In

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 report on Monday, November 18th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in My Size stock. Armistice Capital LLC acquired a new stake in shares of My Size, Inc. (NASDAQ:MYSZ) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 26,000 shares of the company’s stock, valued at approximately $69,000. Armistice Capital LLC owned 4.06% of My Size at the end of the most recent reporting period. 27.71% of the stock is owned by institutional investors and hedge funds.

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.