MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report)'s share price traded up 9.7% during trading on Friday . The stock traded as high as $7.50 and last traded at $7.49. 48,359 shares were traded during trading, a decline of 66% from the average session volume of 143,014 shares. The stock had previously closed at $6.83.
MYT Netherlands Parent B.V. Price Performance
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 firm has a market cap of $638.37 million, a PE ratio of -22.42 and a beta of 1.12. The firm has a 50-day simple moving average of $4.80 and a 200 day simple moving average of $4.61.
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) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.11). MYT Netherlands Parent B.V. had a negative net margin of 2.84% and a negative return on equity of 5.43%. The company had revenue of $240.24 million for the quarter, compared to the consensus estimate of $248.12 million. During the same quarter in the previous year, the business earned ($0.07) earnings per share.
Hedge Funds Weigh In On MYT Netherlands Parent B.V.
Several institutional investors and hedge funds have recently modified their holdings of the stock. SageView Advisory Group LLC bought a new stake in MYT Netherlands Parent B.V. in the 1st quarter worth about $47,000. Luxor Capital Group LP increased its holdings in MYT Netherlands Parent B.V. by 591.8% in the 2nd quarter. Luxor Capital Group LP now owns 236,575 shares of the company's stock worth $1,207,000 after buying an additional 202,379 shares in the last quarter. Avalon Global Asset Management LLC increased its holdings 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 buying an additional 90,000 shares in the last quarter. Finally, Sylebra Capital LLC increased its holdings 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 worth $12,387,000 after buying an additional 41,914 shares in the last quarter. 10.07% of the stock is currently owned by institutional investors.
About MYT Netherlands Parent B.V.
(
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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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