E-commerce measurement solution developer MySize Inc (NASDAQ:MYSZ ) has been one of the more notable movers over the past month and during that period, it has rallied by 23%.

The rally continued this morning as the stock jumped by another 4%. However, it is also necessary to note that there has been no news about the company this month so far. The rally in the stock was actually triggered last month after it was granted a patent for its handheld measurement technology by the European Patent Office.

It is a major development for the company since the issuance of the patent is going to see far more widespread use of the company’s product MySizeID in the European market. MySizeID allows shoppers to get a visualization of how they are going to look when they wear a particular clothing item in a highly interactive way. The patent for the handheld device has come as a timely boost for MySize Inc. 

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