Is My Size Inc. (MYSZ) A Risky Investment?

My Size Inc. (NASDAQ:MYSZ) finished Wednesday with an addition of $0.06 to close at $1.22, an upside of 5.12 percent. An average of 282,587 shares of common stock have been traded in the last five days. There was a gain of $0.1700 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 83,317 shares traded, while the 50-day average volume stands at 61,883.

MYSZ stock has increased by 10.85% in the last month. The company shares reached their 1-month lowest point of $1.0300 on 07/27/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $1.02 and a high of $12.50 in 52 weeks. It has reached a new high 4 times so far this year and lost -55.17% or -$1.5000 in price. In spite of this, the price is down -90.24% from the 52-week high.

Valuation Metrics

My Size Inc. (MYSZ) stock’s beta is 1.09. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.39, the price-to-book (PB) ratio at 0.64.

Financial Health

My Size Inc.’s EBITDA margin for the year ending March 30 is -174.52%. Its gross profit as reported stood at $0.63 million compared to revenue of $4.46 million.

Earnings Surprise

For the three-month period that ended March 30, My Size Inc. had $0.34 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$2.65 million in the quarter, while revenues were shrunk -2.64%. The analyst consensus anticipated My Size Inc.’s latest quarter earnings to come in at -$1.5 per share, but it turned out to be -$1.68, a -12.00% surprise. For the quarter, EBITDA amounted to -$2.36 million. Shareholders own equity worth $2.45 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at My Size Inc. (MYSZ) price momentum. RSI 9-day as of the close on 09 August was 66.66%, suggesting the stock is Neutral, with historical volatility in this time frame at 71.41%.

As of today, MYSZ’s price is $1.1640 +16.19% or $0.1700 from its 5-day moving average. MYSZ is currently trading +11.93% higher than its 20-day SMA and -14.69% lower than its 100-day SMA. However, the stock’s current price level is +3.39% above the SMA50 and -72.13% below the SMA200.

The stochastic %K and %D were 71.05% and 72.46%, respectively, and the average true range (ATR) was 0.0823. With the 14-day stochastic at 65.52% and the average true range at 0.0788, the RSI (14) stands at 61.58%. The stock has reached 0.0761 on the 9-day MACD Oscillator while the 14-day reading was at 0.0941.

Analyst Ratings

The consensus rating for My Size Inc. (MYSZ) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell MYSZ, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is MYSZ’s price target for the next 12 months?

Analysts predict a range of price targets between $3.00 and $3.00, with a median target of $3.00. Taking a look at these predictions, the average price target given by analysts for My Size Inc. (MYSZ) stock is $3.00.

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