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

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

My Size Stock Down 1.9%

NASDAQ MYSZ traded down $0.01 during trading on Friday, hitting $0.52. 73,815 shares of the company traded hands, compared to its average volume of 104,568. My Size has a 12 month low of $0.50 and a 12 month high of $1.65. The business has a fifty day simple moving average of $0.61 and a 200 day simple moving average of $0.77. The company has a current ratio of 1.87, a quick ratio of 1.14 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $2.51 million, a P/E ratio of -0.27 and a beta of -0.13.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On My Size

An institutional investor recently bought a new position in My Size stock. Virtu Financial LLC bought a new stake in shares of My Size, Inc. (NASDAQ:MYSZ) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent reporting period. Institutional investors and hedge funds own 27.71% of the company’s stock.

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.