Myseum (NASDAQ:MYSE) Shares Down 5.2% – Here’s Why

Myseum, Inc. (NASDAQ:MYSE)’s share price fell 5.2% during mid-day trading on Thursday . The stock traded as low as $2.16 and last traded at $2.18. 90,595 shares were traded during mid-day trading, a decline of 24% from the average session volume of 118,600 shares. The stock had previously closed at $2.30.

Wall Street Analysts Forecast Growth

MYSE has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of Myseum to a “sell” rating in a research note on Saturday. Weiss Ratings reiterated a “sell (e+)” rating on shares of Myseum in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Myseum Trading Down 1.4%

The firm has a fifty day moving average price of $2.47 and a 200 day moving average price of $2.50.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Myseum stock. XTX Topco Ltd purchased a new stake in shares of Myseum, Inc. (NASDAQ:MYSE) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,849 shares of the company’s stock, valued at approximately $40,000. XTX Topco Ltd owned 0.32% of Myseum at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.92% of the company’s stock.

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.