My Size, Inc. (NASDAQ:MYSZ) CEO Ronen Luzon Sells 6,000 Shares

My Size, Inc. (NASDAQ:MYSZ) CEO Ronen Luzon sold 6,000 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $5.21, for a total transaction of $31,260.00. Following the completion of the sale, the chief executive officer now owns 44,000 shares in the company, valued at $229,240. The trade was a 12.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

My Size Stock Performance

Shares of MYSZ opened at $4.37 on Friday. The company has a market capitalization of $5.51 million, a price-to-earnings ratio of -0.63 and a beta of 0.93. My Size, Inc. has a 52-week low of $1.05 and a 52-week high of $9.40. The company has a quick ratio of 1.56, a current ratio of 2.49 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average price of $1.98 and a 200 day moving average price of $2.10.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in My Size stock. Armistice Capital LLC purchased a new stake in My Size, Inc. (NASDAQ:MYSZ) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 26,000 shares of the company’s stock, valued at approximately $69,000. Armistice Capital LLC owned about 4.06% 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.

Analyst Ratings Changes

Separately, HC Wainwright cut their price target on My Size from $5.00 to $3.00 and set a “buy” rating on the stock in a research note on Monday, November 18th.

About My Size

My Size, Inc, an omnichannel e-commerce platform, provides AI-driven software as a service measurement solutions for fashion ecommerce companies in Israel, Spain, and internationally. It operates through Fashion and Equipment E-Commerce Platform, and SaaS Solutions segments. The company offers Size Form, which generates accurate measurements to find proper fitting clothes and accessories; First Look Smart Mirror, a solution for brick and mortar stores that allows customers to filter the whole physical store by their size and fit; Smart Catalogue, a solution that suggests the launch of new sizes, detects new product niches, and allows brands to adapt their assortment to their customer base; and True Feedback solution.