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HC Wainwright Reiterates “Buy” Rating on My Size (NASDAQ:MYSZ)
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HC Wainwright Reiterates “Buy” Rating on My Size (NASDAQ:MYSZ)

My Size (NASDAQ:MYSZ – Get Free Report)‘s shares received a “buy” rating reiterated by equities analysts at HC Wainwright in a report issued Wednesday, Benzinga reports. They currently have a $5.00 price target on the stock. HC Wainwright’s price target represents a potential upside of 136.97% from the stock’s previous close.

My size will be 0.5% cheaper

Shares of My Size opened at $2.11 on Wednesday. My Size has a 52-week low of $1.83 and a 52-week high of $21.52. The company has a market cap of $1.35 million, a price/earnings ratio of -0.09 and a beta of 0.94. The company has a debt/equity ratio of 0.06, a quick ratio of 0.97 and a current ratio of 1.76. The company has a 50-day simple moving average of $2.55 and a 200-day simple moving average of $3.30.

Hedge funds weigh my size

A hedge fund recently bought a new stake in My Size shares. Armistice Capital LLC acquired a new stake in My Size, Inc. (NASDAQ:MYSZ – Free Report) during the second quarter, according to the company’s most recent 13F filing with the Securities and Exchange Commission. The company acquired 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. Institutional investors and hedge funds own 27.71% of the company’s stock.

About my size

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My Size, Inc., an omnichannel e-commerce platform, provides AI-driven clothing 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 allows consumers to create an online profile of their personal measurements to get the right fit; BoxSize, a package measuring application that allows consumers to measure the size of their package with their smartphone, calculate shipping costs, and arrange a convenient pickup time for the package; and SizeUp, a digital tape measure that allows users to measure the length, width, and height of a surface by moving their smartphone from point to point of an object or space.

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