MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report) was up 5% during trading on Thursday . The company traded as high as $7.88 and last traded at $7.81. Approximately 80,270 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 226,594 shares. The stock had previously closed at $7.44.
MYT Netherlands Parent B.V. Stock Down 2.3%
The firm has a market capitalization of $648.74 million, a PE ratio of -17.60 and a beta of 1.08. The company has a fifty day moving average price of $8.54 and a 200-day moving average price of $8.67. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.22 and a current ratio of 1.78.
Hedge Funds Weigh In On MYT Netherlands Parent B.V.
Several institutional investors have recently made changes to their positions in the company. Bosun Asset Management LLC purchased a new position in shares of MYT Netherlands Parent B.V. during the first quarter valued at $207,000. Cubist Systematic Strategies LLC boosted its position in MYT Netherlands Parent B.V. by 93.4% during the first quarter. Cubist Systematic Strategies LLC now owns 55,481 shares of the company's stock valued at $419,000 after purchasing an additional 26,789 shares in the last quarter. Royal Bank of Canada boosted its position in MYT Netherlands Parent B.V. by 49,861.8% during the first quarter. Royal Bank of Canada now owns 82,437 shares of the company's stock valued at $623,000 after purchasing an additional 82,272 shares in the last quarter. Trexquant Investment LP bought a new stake in MYT Netherlands Parent B.V. during the first quarter valued at about $169,000. Finally, Zazove Associates LLC bought a new stake in MYT Netherlands Parent B.V. during the first quarter valued at about $985,000. Hedge funds and other institutional investors own 10.07% of the company's stock.
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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