My Size Inc. (MYSZ): What is the Risk Factor?

My Size Inc. (NASDAQ:MYSZ) saw an upside of 15.19% to close Friday at $1.82 after adding $0.24 on the day. The 5-day average trading volume is 386,920 shares of the company’s common stock. It has gained $1.8800 in the past week and touched a new high 5 times within the past 5 days. An average of 197,260 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 106,478.

MYSZ’s 1-month performance is 70.09% or $0.7203 on its low of $1.0300 reached on 07/27/23. The company’s shares have touched a 52-week low of $1.02 and high of $8.50, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, MYSZ has lost -33.09% or -$0.9000 and has reached a new high 4 times. However, the current price is down -78.59% from the 52-week high price.

Valuation Metrics

MYSZ stock has a beta of 0.94.

The trailing 12-month EBITDA margin is -174.52%. The firm’s gross profit as reported stood at $0.63 million against revenue of $4.46 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -69.77% to -$1.29 million, while revenue of -$2.65 million was -105.43% off the previous quarter. Analysts expected MYSZ to announce -$1.41 per share in earnings in its latest quarter, but it posted -$1.8, representing a -27.70% surprise. EBITDA for the quarter stood at more than -$1.43 million. Shareholders hold equity totaling $2.44 million.

Let’s look briefly at My Size Inc. (MYSZ) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 85.87% to suggest the stock is trending Overbought, with historical volatility in this time period at 112.04%.

The stock’s 5-day moving average is $1.4760, reflecting a +58.26% or $0.6700 change from its current price. MYSZ is currently trading +62.50% above its 20-day SMA, +2.82% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +54.24% and SMA200 by-58.61%.

Stochastic %K and %D was 93.66% and 87.51% and the average true range (ATR) pointed at 0.1659. The RSI (14) points at 80.95%, while the 14-day stochastic is at 92.86% with the period’s ATR at 0.1383. The stock’s 9-day MACD Oscillator is pointing at 0.2556 and 0.3506 on the 14-day charts.

Analyst Ratings

Analysts offering their rating for MYSZ stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate MYSZ as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.

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