My Size (NASDAQ:MYSZ) Posts Earnings Results

My Size (NASDAQ:MYSZ) posted its earnings results on Thursday. The company reported ($2.92) earnings per share for the quarter, FiscalAI reports. My Size had a negative net margin of 60.99% and a negative return on equity of 105.26%. The firm had revenue of $3.07 million for the quarter.

My Size Price Performance

NASDAQ:MYSZ traded up $0.04 during trading hours on Thursday, hitting $3.38. 211,380 shares of the stock were exchanged, compared to its average volume of 403,830. The firm’s fifty day moving average price is $3.49 and its 200 day moving average price is $4.35. My Size has a 52-week low of $2.64 and a 52-week high of $11.84. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.69 and a quick ratio of 0.76.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On My Size

An institutional investor recently bought a new stake in My Size stock. Virtu Financial LLC acquired a new stake in My Size, Inc. (NASDAQ:MYSZ) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned about 0.98% of My Size at the end of the most recent quarter. 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.