My Size Inc (NASDAQ: MYSZ)’s stock price has soared by 8.75 in relation to previous closing price of 2.40. Nevertheless, the company has seen a loss of -33.08% in its stock price over the last five trading days. prnewswire.com reported 2024-12-31 that Proceeds expected to Drive Strategic Growth Initiatives, Strengthen Financial Position, and Support Orgad’s Expansion AIRPORT CITY, Israel, Dec. 31, 2024 /PRNewswire/ — MySize Inc. (NASDAQ: MYSZ), a leader in technology-driven solutions for the retail market, today announced (as previously disclosed in a Current Report on Form 8-K filed with the SEC on December 30, 2024) that it raised $3 million through the exercise of certain outstanding warrants. These proceeds add to the company’s existing financial resources, enhancing its financial position, and supporting the growth of its business.
Is It Worth Investing in My Size Inc (NASDAQ: MYSZ) Right Now?
Additionally, the 36-month beta value for MYSZ is 0.43. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for MYSZ is 0.58M and currently, short sellers hold a 39.80% ratio of that float. The average trading volume of MYSZ on January 15, 2025 was 2.74M shares.
MYSZ’s Market Performance
MYSZ’s stock has seen a -33.08% decrease for the week, with a 97.73% rise in the past month and a 77.55% gain in the past quarter. The volatility ratio for the week is 26.04%, and the volatility levels for the past 30 days are at 25.23% for My Size Inc The simple moving average for the past 20 days is -18.84% for MYSZ’s stock, with a 0.39% simple moving average for the past 200 days.
MYSZ Trading at 22.17% 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 -72.23% of loss for the given period.
Volatility was left at 25.23%, however, over the last 30 days, the volatility rate increased by 26.04%, as shares surge +107.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +64.15% upper at present.
During the last 5 trading sessions, MYSZ fell by -33.08%, which changed the moving average for the period of 200-days by -24.15% in comparison to the 20-day moving average, which settled at $3.22. In addition, My Size Inc saw -38.88% 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 6,000 shares at the price of $5.21 back on Dec 30 ’24. After this action, Luzon Ronen now owns 44,000 shares of My Size Inc, valued at $31,240 using the latest closing price.
Luzon Ronen, the Chief Executive Officer of My Size Inc, sale 2,000 shares at $5.10 during a trade that took place back on Dec 30 ’24, which means that Luzon Ronen is holding 19,750 shares at $10,200 based on the most recent closing price.
Stock Fundamentals for MYSZ
Current profitability levels for the company are sitting at:
- -0.21 for the present operating margin
- 0.44 for the gross margin
The net margin for My Size Inc stands at -0.48. The total capital return value is set at -0.43. Equity return is now at value -88.22, with -50.27 for asset returns.
Based on My Size Inc (MYSZ), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -11.6. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -34.78.
Currently, EBITDA for the company is -6.25 million with net debt to EBITDA at 0.55. When we switch over and look at the enterprise to sales, we see a ratio of 0.13. The receivables turnover for the company is 7.3for trailing twelve months and the total asset turnover is 1.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.49.
Conclusion
In conclusion, My Size Inc (MYSZ) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as 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.
