MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 40,062 shares were traded during trading, a decline of 11% from the previous session's volume of 45,017 shares.The stock last traded at $7.66 and had previously closed at $7.24.
MYT Netherlands Parent B.V. Stock Performance
The stock's 50 day moving average price is $6.77 and its 200 day moving average price is $5.38. The company has a current ratio of 1.95, a quick ratio of 0.26 and a debt-to-equity ratio of 0.10. The company has a market cap of $641.20 million, a price-to-earnings ratio of -16.71 and a beta of 0.97.
Hedge Funds Weigh In On MYT Netherlands Parent B.V.
A number of large investors have recently bought and sold shares of the stock. Luxor Capital Group LP increased its holdings in shares of MYT Netherlands Parent B.V. by 94.3% during the 3rd quarter. Luxor Capital Group LP now owns 459,588 shares of the company's stock worth $1,751,000 after buying an additional 223,013 shares during the last quarter. Portolan Capital Management LLC grew its position in MYT Netherlands Parent B.V. by 30.6% during the third quarter. Portolan Capital Management LLC now owns 1,805,758 shares of the company's stock valued at $6,880,000 after acquiring an additional 422,942 shares during the period. Finally, Avalon Global Asset Management LLC raised its holdings in shares of MYT Netherlands Parent B.V. by 14.8% in the 2nd quarter. Avalon Global Asset Management LLC now owns 700,000 shares of the company's stock worth $3,570,000 after purchasing an additional 90,000 shares during the period. Hedge funds and other institutional investors own 10.07% of the company's stock.
MYT Netherlands Parent B.V. Company Profile
(
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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.
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