HC Wainwright Cuts My Size (NASDAQ:MYSZ) Price Target to $3.00

My Size (NASDAQ:MYSZ) had its target price lowered by equities researchers at HC Wainwright from $5.00 to $3.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a “buy” rating on the stock. HC Wainwright’s price objective indicates a potential upside of 96.08% from the company’s current price.

My Size Stock Down 11.8 %

MYSZ stock opened at $1.53 on Monday. My Size has a one year low of $1.40 and a one year high of $7.12. The firm has a market cap of $1.93 million, a PE ratio of -0.22 and a beta of 0.90. The firm’s 50 day moving average price is $1.66 and its 200-day moving average price is $2.49. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.09 and a current ratio of 2.94.

Institutional Trading of My Size

A hedge fund recently bought a new stake in My Size stock. Armistice Capital LLC purchased a new position in shares of My Size, Inc. (NASDAQ:MYSZ) during the second quarter, according to its most recent 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 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.

My Size Company Profile

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.