Armistice Capital LLC Takes Position in My Size, Inc. (NASDAQ:MYSZ)

Armistice Capital LLC purchased a new position in My Size, Inc. (NASDAQ:MYSZ) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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.

My Size Trading Up 2.4 %

Shares of MYSZ stock opened at $1.72 on Friday. My Size, Inc. has a 52-week low of $1.56 and a 52-week high of $8.80. The business’s fifty day moving average is $2.06 and its 200 day moving average is $3.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.09 and a current ratio of 2.94. The company has a market capitalization of $1.10 million, a PE ratio of -0.08 and a beta of 0.91.

My Size (NASDAQ:MYSZ) last issued its quarterly earnings results on Monday, August 12th. The company reported ($1.28) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.43) by $1.15. My Size had a negative return on equity of 77.26% and a negative net margin of 44.38%. The firm had revenue of $1.98 million during the quarter, compared to the consensus estimate of $2.00 million. On average, equities research analysts anticipate that My Size, Inc. will post -4.69 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reiterated a “buy” rating and issued a $5.00 target price on shares of My Size in a research note on Wednesday, August 21st.

My Size Company Profile

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.