Myseum (NASDAQ:MYSE) Shares Down 12.8% – Here’s What Happened

Myseum, Inc. (NASDAQ:MYSE)’s share price traded down 12.8% during trading on Monday . The company traded as low as $2.18 and last traded at $2.25. 108,456 shares traded hands during trading, an increase of 84% from the average session volume of 58,888 shares. The stock had previously closed at $2.58.

Analyst Ratings Changes

Several equities analysts have recently weighed in on MYSE shares. Wall Street Zen upgraded Myseum to a “sell” rating in a report on Saturday, November 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Myseum in a research note on Monday, December 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Myseum Stock Performance

The firm’s fifty day moving average is $2.44 and its 200 day moving average is $2.43. The firm has a market cap of $9.59 million, a P/E ratio of -1.86 and a beta of 1.99.

Myseum (NASDAQ:MYSE) last posted its earnings results on Thursday, November 13th. The company reported ($0.28) EPS for the quarter.

Institutional Investors Weigh In On Myseum

A hedge fund recently bought a new stake in Myseum stock. XTX Topco Ltd acquired a new position in Myseum, Inc. (NASDAQ:MYSE) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 15,849 shares of the company’s stock, valued at approximately $40,000. XTX Topco Ltd owned approximately 0.32% of Myseum as of its most recent SEC filing. 0.92% of the stock is currently owned by hedge funds and other institutional investors.

About Myseum

Myseum, Inc (formerly DatChat Inc) is a security- and privacy-first social media and technology company focused on innovative and creative user platforms. Its flagship platform is Myseum, your Free Timeless Digital Shoebox Social Network that makes it easier to share your photos and videos both today, and for generations to come.