MYT Netherlands Parent BV ADR (MYTE) Stock: Analyzing the Market Value

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The 36-month beta value for MYTE is at 1.14. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”

The average trading volume for MYTE on October 31, 2024 was 316.19K shares.

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MYTE) stock’s latest price update

The stock of MYT Netherlands Parent BV ADR (NYSE: MYTE) has decreased by -10.52 when compared to last closing price of 7.13.Despite this, the company has seen a loss of -7.54% in its stock price over the last five trading days. businesswire.com reported 2024-10-29 that MUNICH–(BUSINESS WIRE)–MYT Netherlands Parent B.V. (NYSE:MYTE) (“Mytheresa”) today announced the date for the release of its first quarter fiscal year 2025 ended September 30, 2024 financial results. First Quarter Fiscal Year 2025 Earnings Call and Webcast Mytheresa will release first quarter fiscal year 2025 financial results before the U.S. market open on November 19, 2024. A conference call to discuss its results will follow at 8:00am Eastern Time that same day. Those wishing to participat.

MYTE’s Market Performance

MYT Netherlands Parent BV ADR (MYTE) has seen a -7.54% fall in stock performance for the week, with a 74.79% gain in the past month and a 64.01% surge in the past quarter. The volatility ratio for the week is 8.40%, and the volatility levels for the past 30 days are at 10.66% for MYTE. The simple moving average for the past 20 days is -8.16% for MYTE’s stock, with a 49.59% simple moving average for the past 200 days.

Analysts’ Opinion of MYTE

Many brokerage firms have already submitted their reports for MYTE stocks, with Jefferies repeating the rating for MYTE by listing it as a “Hold.” The predicted price for MYTE in the upcoming period, according to Jefferies is $4 based on the research report published on June 14, 2023 of the previous year 2023.

Societe Generale, on the other hand, stated in their research note that they expect to see MYTE reach a price target of $7. The rating they have provided for MYTE stocks is “Hold” according to the report published on April 20th, 2023.

JP Morgan gave a rating of “Neutral” to MYTE, setting the target price at $7 in the report published on April 19th of the previous year.

MYTE Trading at 26.05% from the 50-Day Moving Average

After a stumble in the market that brought MYTE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.59% of loss for the given period.

Volatility was left at 10.66%, however, over the last 30 days, the volatility rate increased by 8.40%, as shares surge +70.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +78.71% upper at present.

During the last 5 trading sessions, MYTE fell by -7.54%, which changed the moving average for the period of 200-days by +102.54% in comparison to the 20-day moving average, which settled at $6.95. In addition, MYT Netherlands Parent BV ADR saw 100.00% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at MYTE starting from MARTIN BEER, who proposed sale 13,000 shares at the price of $6.76 back on Oct 08 ’24. After this action, MARTIN BEER now owns shares of MYT Netherlands Parent BV ADR, valued at $87,880 using the latest closing price.

GARETH ALAIN LOCKE, the Officer of MYT Netherlands Parent BV ADR, proposed sale 15,000 shares at $6.76 during a trade that took place back on Oct 08 ’24, which means that GARETH ALAIN LOCKE is holding shares at $101,400 based on the most recent closing price.

Stock Fundamentals for MYTE

Current profitability levels for the company are sitting at:

  • -0.03 for the present operating margin
  • 0.45 for the gross margin

The net margin for MYT Netherlands Parent BV ADR stands at -0.03. The total capital return value is set at -0.04. Equity return is now at value -5.41, with -3.35 for asset returns.

Based on MYT Netherlands Parent BV ADR (MYTE), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is -4.42.

Currently, EBITDA for the company is -5.73 million with net debt to EBITDA at -5.91. When we switch over and look at the enterprise to sales, we see a ratio of 0.64. The receivables turnover for the company is 64.87for trailing twelve months and the total asset turnover is 1.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.04.

Conclusion

In conclusion, MYT Netherlands Parent BV ADR (MYTE) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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