My Size Inc (NASDAQ: MYSZ)’s stock price has soared by 14.35 in relation to previous closing price of 4.18. Nevertheless, the company has seen a gain of 8.88% in its stock price over the last five trading days. Proactive Investors reported 2023-11-15 that MySize Inc (NASDAQ:MYSZ) has announced that its third quarter 2023 revenue rose 197% year over year to $2.156 million, driven primarily by growth at Orgad and software as a service (SaaS) solution including Naiz Fit. The omnichannel e-commerce platform and provider of AI-driven measurement solutions also said its gross profit margin for the period increased to 64%.
Is It Worth Investing in My Size Inc (NASDAQ: MYSZ) Right Now?
The 36-month beta value for MYSZ is at 1.00. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MYSZ is 0.38M, and currently, shorts hold a 1.25% of that float. The average trading volume for MYSZ on May 07, 2024 was 54.39K shares.
MYSZ’s Market Performance
The stock of My Size Inc (MYSZ) has seen a 8.88% increase in the past week, with a 32.78% rise in the past month, and a 38.79% gain in the past quarter. The volatility ratio for the week is 24.78%, and the volatility levels for the past 30 days are at 18.44% for MYSZ. The simple moving average for the past 20 days is 22.83% for MYSZ’s stock, with a -22.36% simple moving average for the past 200 days.
MYSZ Trading at 32.91% from the 50-Day Moving Average
After a stumble in the market that brought MYSZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.19% of loss for the given period.
Volatility was left at 18.44%, however, over the last 30 days, the volatility rate increased by 24.78%, as shares surge +21.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.24% upper at present.
During the last 5 trading sessions, MYSZ rose by +8.88%, which changed the moving average for the period of 200-days by -44.16% in comparison to the 20-day moving average, which settled at $3.93. In addition, My Size Inc saw -11.47% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MYSZ starting from Luzon Ronen, who sale 4,683 shares at the price of $0.68 back on Nov 29 ’23. After this action, Luzon Ronen now owns 100,000 shares of My Size Inc, valued at $3,202 using the latest closing price.
Turchinsky Ilia, the Former CTO of My Size Inc, sale 1,211 shares at $1.41 during a trade that took place back on Sep 06 ’23, which means that Turchinsky Ilia is holding 12,776 shares at $1,708 based on the most recent closing price.
Stock Fundamentals for MYSZ
Current profitability levels for the company are sitting at:
- -0.86 for the present operating margin
- 0.39 for the gross margin
The net margin for My Size Inc stands at -0.9. The total capital return value is set at -1.15. Equity return is now at value -137.63, with -67.19 for asset returns.
Based on My Size Inc (MYSZ), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at -11.08. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is -41.91.
Currently, EBITDA for the company is -5.69 million with net debt to EBITDA at 0.27. When we switch over and look at the enterprise to sales, we see a ratio of 0.21. The receivables turnover for the company is 6.0for trailing twelve months and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
Conclusion
In conclusion, My Size Inc (MYSZ) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
