MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $6.99 and last traded at $6.77, with a volume of 10397648 shares changing hands. The stock had previously closed at $4.31.
MYT Netherlands Parent B.V. Stock Performance
The stock has a market capitalization of $574.62 million, a price-to-earnings ratio of -20.48 and a beta of 1.12. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 0.33. The stock has a 50-day moving average of $3.81 and a 200 day moving average of $4.24.
MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report) last issued its quarterly earnings results on Thursday, September 12th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.11). The business had revenue of $240.24 million for the quarter, compared to analyst estimates of $248.12 million. MYT Netherlands Parent B.V. had a negative return on equity of 5.43% and a negative net margin of 2.84%. During the same quarter in the prior year, the firm earned ($0.07) EPS.
Hedge Funds Weigh In On MYT Netherlands Parent B.V.
Several institutional investors and hedge funds have recently modified their holdings of MYTE. CastleKnight Management LP lifted its stake in MYT Netherlands Parent B.V. by 71.5% in the fourth quarter. CastleKnight Management LP now owns 213,172 shares of the company's stock valued at $680,000 after buying an additional 88,872 shares in the last quarter. SageView Advisory Group LLC acquired a new stake in shares of MYT Netherlands Parent B.V. during the first quarter worth $47,000. Sylebra Capital LLC lifted its position in MYT Netherlands Parent B.V. by 1.1% in the 1st quarter. Sylebra Capital LLC now owns 3,895,398 shares of the company's stock valued at $12,387,000 after acquiring an additional 41,914 shares in the last quarter. Avalon Global Asset Management LLC boosted its stake in 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. Finally, Luxor Capital Group LP increased its holdings in MYT Netherlands Parent B.V. by 591.8% during the 2nd quarter. Luxor Capital Group LP now owns 236,575 shares of the company's stock worth $1,207,000 after purchasing an additional 202,379 shares in the last quarter. 10.07% of the stock is currently owned by institutional investors and hedge funds.
About MYT Netherlands Parent B.V.
(
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.
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