MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report) saw an uptick in trading volume on Wednesday . 224,625 shares traded hands during mid-day trading, an increase of 65% from the previous session's volume of 136,319 shares.The stock last traded at $7.50 and had previously closed at $7.75.
MYT Netherlands Parent B.V. Price Performance
The stock has a 50 day moving average of $3.93 and a 200-day moving average of $4.29. The company has a market cap of $636.67 million, a PE ratio of -22.70 and a beta of 1.12. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.33 and a current ratio of 2.04.
MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report) last released its quarterly earnings data 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). The company had revenue of $240.24 million for the quarter, compared to analysts' expectations of $248.12 million. MYT Netherlands Parent B.V. had a negative net margin of 2.84% and a negative return on equity of 5.43%. During the same quarter in the previous year, the business posted ($0.07) EPS.
Hedge Funds Weigh In On MYT Netherlands Parent B.V.
A number of large investors have recently bought and sold shares of MYTE. SageView Advisory Group LLC acquired a new position in MYT Netherlands Parent B.V. in the 1st quarter worth about $47,000. Sylebra Capital LLC raised 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 purchasing an additional 41,914 shares during the period. Avalon Global Asset Management LLC raised 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 purchasing an additional 90,000 shares during the period. Finally, Luxor Capital Group LP increased its stake 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 buying an additional 202,379 shares in the last quarter. Institutional investors and hedge funds own 10.07% of the company's stock.
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.
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