Shares of MYT Netherlands Parent B.V. (NYSE:MYTE – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $9.27, but opened at $9.06. MYT Netherlands Parent B.V. shares last traded at $9.12, with a volume of 15,032 shares trading hands.
MYT Netherlands Parent B.V. Trading Up 1.1 %
The company’s 50 day moving average price is $7.36 and its two-hundred day moving average price is $5.73. The firm has a market cap of $798.98 million, a PE ratio of -20.82 and a beta of 0.97. The company has a quick ratio of 0.26, a current ratio of 1.95 and a debt-to-equity ratio of 0.10.
Institutional Trading of MYT Netherlands Parent B.V.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MYTE. Portolan Capital Management LLC boosted its position in shares of 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 buying an additional 422,942 shares during the period. Capricorn Fund Managers Ltd bought a new stake in shares of MYT Netherlands Parent B.V. during the 4th quarter worth approximately $4,225,000. Finally, Luxor Capital Group LP boosted its holdings in 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 acquiring an additional 223,013 shares during the period. 10.07% of the stock is owned by hedge funds and other institutional investors.
MYT Netherlands Parent B.V. Company Profile
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.
Further Reading
- Five stocks we like better than MYT Netherlands Parent B.V.
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Bloom Energy: Powering the Future With Decentralized Energy
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Receive News & Ratings for MYT Netherlands Parent B.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MYT Netherlands Parent B.V. and related companies with MarketBeat.com's FREE daily email newsletter.
