MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report)'s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $6.10, but opened at $6.52. MYT Netherlands Parent B.V. shares last traded at $6.83, with a volume of 18,322 shares trading hands.
MYT Netherlands Parent B.V. Stock Performance
The stock has a market capitalization of $538.91 million, a price-to-earnings ratio of -21.07 and a beta of 0.98. The company has a 50 day simple moving average of $5.75 and a 200-day simple moving average of $4.93. The company has a quick ratio of 0.33, a current ratio of 2.04 and a debt-to-equity ratio of 0.09.
MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report) last posted its quarterly earnings results on Thursday, September 12th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.11). MYT Netherlands Parent B.V. had a negative return on equity of 5.43% and a negative net margin of 2.84%. The firm had revenue of $240.24 million for the quarter, compared to analyst estimates of $248.12 million. During the same period last year, the company posted ($0.07) earnings per share.
Institutional Trading of MYT Netherlands Parent B.V.
Hedge funds have recently added to or reduced their stakes in the stock. Luxor Capital Group LP raised its stake 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 valued at $1,751,000 after purchasing an additional 223,013 shares during the period. Portolan Capital Management LLC grew its holdings in MYT Netherlands Parent B.V. by 30.6% during the 3rd quarter. Portolan Capital Management LLC now owns 1,805,758 shares of the company's stock valued at $6,880,000 after buying an additional 422,942 shares in the last quarter. Avalon Global Asset Management LLC increased its position in shares of MYT Netherlands Parent B.V. by 14.8% during the second quarter. Avalon Global Asset Management LLC now owns 700,000 shares of the company's stock valued at $3,570,000 after buying an additional 90,000 shares during the period. Finally, Sylebra Capital LLC lifted its holdings in shares of MYT Netherlands Parent B.V. by 1.1% in the first quarter. Sylebra Capital LLC now owns 3,895,398 shares of the company's stock worth $12,387,000 after buying an additional 41,914 shares in the last quarter. 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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