MYT Netherlands Parent B.V. (NYSE:MYTE – Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $8.53 and last traded at $8.32, with a volume of 631415 shares traded. The stock had previously closed at $7.62.
MYT Netherlands Parent B.V. Stock Up 9.2 %
The company has a current ratio of 1.95, a quick ratio of 0.26 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $709.45 million, a PE ratio of -18.49 and a beta of 0.97. The business’s 50-day simple moving average is $6.93 and its 200-day simple moving average is $5.51.
Hedge Funds Weigh In On MYT Netherlands Parent B.V.
Institutional investors have recently bought and sold shares of the business. Luxor Capital Group LP grew its stake in shares of 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 during the period. Avalon Global Asset Management LLC grew its stake in shares of MYT Netherlands Parent B.V. by 14.8% during 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, Portolan Capital Management LLC grew its stake in shares of 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 worth $6,880,000 after purchasing an additional 422,942 shares during the period. 10.07% of the stock is owned by hedge funds and other institutional investors.
About MYT Netherlands Parent B.V.
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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