My Size Stock to Reverse Split on Tuesday, April 23rd (NASDAQ:MYSZ)

Shares of My Size, Inc. (NASDAQ:MYSZ) are going to reverse split on Tuesday, April 23rd. The 1-8 reverse split was announced on Tuesday, April 23rd. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, April 23rd.

My Size Price Performance

My Size stock opened at $0.49 on Friday. My Size has a one year low of $0.36 and a one year high of $2.74. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.71. The business has a fifty day moving average of $0.44 and a two-hundred day moving average of $0.58. The company has a market cap of $1.76 million, a P/E ratio of -0.11 and a beta of 1.01.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in My Size stock. Jane Street Group LLC purchased a new stake in My Size, Inc. (NASDAQ:MYSZ) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 29,276 shares of the company’s stock, valued at approximately $52,000. Jane Street Group LLC owned approximately 1.20% of My Size as of its most recent SEC filing. 27.71% of the stock is currently owned by hedge funds and other institutional investors.

About My Size

My Size, Inc, an omnichannel e-commerce platform, provides AI-driven apparel sizing and digital solutions for online shopping and physical stores in Israel. The company operates through three segments: Fashion and Equipment E-Commerce Platform; SaaS Solutions; and Naiz. It offers MySizeID, an application that enables consumers to create an online profile of their personal measurements to get the right fit; BoxSize, a parcel measurement application that allows consumers to measure the size of their parcel with their smartphone, calculate shipping costs, and arrange for a convenient pick-up time for the package; and SizeUp, a digital tape measure that allows users to measure length, width, and height of a surface by moving their smartphone from point to point of an object or space.