The stock of MYT Netherlands Parent BV ADR (MYTE) has gone up by 27.93% for the week, with a 23.23% rise in the past month and a 28.98% rise in the past quarter. The volatility ratio for the week is 8.90%, and the volatility levels for the past 30 days are 7.80% for MYTE. The simple moving average for the past 20 days is 26.44% for MYTE’s stock, with a 78.76% simple moving average for the past 200 days.
Is It Worth Investing in MYT Netherlands Parent BV ADR (NYSE: MYTE) Right Now?
MYTE has 36-month beta value of 0.98. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
The average trading volume of MYTE on January 20, 2025 was 153.54K shares.
MYTE) stock’s latest price update
MYT Netherlands Parent BV ADR (NYSE: MYTE)’s stock price has soared by 11.52 in relation to previous closing price of 8.42. Nevertheless, the company has seen a gain of 27.93% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-28 that I reiterate my buy rating for MYT Netherlands Parent due to solid growth momentum and a well-executed strategy, expecting this trend to persist. MYTE’s 1Q25 results showed 7.4% y/y revenue growth, beating adj EBITDA estimates with a margin expansion driven by improved gross margins and lower SG&A expenses. MYTE’s strategy of unique events and exclusive collections for top customers led to significant growth, particularly in the US, indicating strong demand momentum.
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 34.76% 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 able to rebound, for now settling with 10.08% of gains for the given period.
Volatility was left at 7.80%, however, over the last 30 days, the volatility rate increased by 8.90%, as shares surge +23.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +51.70% upper at present.
During the last 5 trading sessions, MYTE rose by +27.93%, which changed the moving average for the period of 200-days by +173.76% in comparison to the 20-day moving average, which settled at $7.43. In addition, MYT Netherlands Parent BV ADR saw 32.25% 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 SEBASTIAN MARC DIETZMANN, who proposed sale 1,115 shares at the price of $6.17 back on Nov 18 ’24. After this action, SEBASTIAN MARC DIETZMANN now owns shares of MYT Netherlands Parent BV ADR, valued at $6,880 using the latest closing price.
MARTIN BEER, the Officer of MYT Netherlands Parent BV ADR, proposed sale 13,000 shares at $6.76 during a trade that took place back on Oct 08 ’24, which means that MARTIN BEER is holding shares at $87,880 based on the most recent closing price.
Stock Fundamentals for MYTE
Current profitability levels for the company are sitting at:
- -0.04 for the present operating margin
- 0.45 for the gross margin
The net margin for MYT Netherlands Parent BV ADR stands at -0.04. The total capital return value is set at -0.08. Equity return is now at value -8.32, with -5.24 for asset returns.
Based on MYT Netherlands Parent BV ADR (MYTE), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is -7.64.
Currently, EBITDA for the company is -6.74 million with net debt to EBITDA at -3.29. When we switch over and look at the enterprise to sales, we see a ratio of 0.99. The receivables turnover for the company is 76.22for trailing twelve months and the total asset turnover is 1.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.95.
Conclusion
To put it simply, MYT Netherlands Parent BV ADR (MYTE) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
