MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday following a stronger than expected earnings report. The company traded as high as $12.00 and last traded at $11.19, with a volume of 77896 shares. The stock had previously closed at $10.00.
The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.10. MYT Netherlands Parent B.V. had a negative return on equity of 8.24% and a negative net margin of 4.18%.
Institutional Trading of MYT Netherlands Parent B.V.
Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new stake in shares of MYT Netherlands Parent B.V. in the 4th quarter valued at about $80,000. XTX Topco Ltd bought a new stake in shares of MYT Netherlands Parent B.V. in the 4th quarter valued at about $96,000. Coronation Fund Managers Ltd. acquired a new position in shares of MYT Netherlands Parent B.V. in the 4th quarter valued at approximately $124,000. Two Sigma Securities LLC acquired a new position in shares of MYT Netherlands Parent B.V. in the 4th quarter valued at approximately $182,000. Finally, Walleye Capital LLC acquired a new position in shares of MYT Netherlands Parent B.V. in the 4th quarter valued at approximately $256,000. 10.07% of the stock is owned by institutional investors.
MYT Netherlands Parent B.V. Price Performance
The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.26 and a current ratio of 1.95. The company has a 50-day moving average of $8.28 and a 200-day moving average of $6.27. The firm has a market capitalization of $947.35 million, a price-to-earnings ratio of -24.74 and a beta of 1.01.
MYT Netherlands Parent B.V. Company Profile
(
Get Free Report)
MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, rest of Europe, and internationally. It offers womenswear, menswear, kids wear, and lifestyle products. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores.
Read More
Before you consider MYT Netherlands Parent B.V., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MYT Netherlands Parent B.V. wasn't on the list.
While MYT Netherlands Parent B.V. currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
