The 36-month beta value for MYTE is at 1.04. 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 February 21, 2025 was 181.55K shares.
MYTE) stock’s latest price update
MYT Netherlands Parent BV ADR (NYSE: MYTE)’s stock price has gone decline by -6.56 in comparison to its previous close of 12.04, however, the company has experienced a -8.39% decrease in its stock price over the last five trading days. seekingalpha.com reported 2025-02-14 that MYT Netherlands Parent B.V. is acquiring YOOX-Net-a-Porter (YNAP) from Richemont, aiming to become a $4 billion GMV luxury e-commerce giant by 2030. Richemont will provide MYTE with a $106 million working capital facility and $590 million in cash, minimizing MYTE’s financial risk in the acquisition. MYTE’s disciplined inventory management and high-end customer focus position it well to turn around YNAP’s brands, despite current losses and market challenges.
MYTE’s Market Performance
MYTE’s stock has fallen by -8.39% in the past week, with a monthly rise of 15.74% and a quarterly rise of 82.33%. The volatility ratio for the week is 7.99% while the volatility levels for the last 30 days are 8.18% for MYT Netherlands Parent BV ADR The simple moving average for the past 20 days is 10.41% for MYTE’s stock, with a 89.24% 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 31.30% 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 -10.00% of loss for the given period.
Volatility was left at 8.18%, however, over the last 30 days, the volatility rate increased by 7.99%, as shares surge +16.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +76.61% upper at present.
During the last 5 trading sessions, MYTE fell by -8.39%, which changed the moving average for the period of 200-days by +164.71% in comparison to the 20-day moving average, which settled at $10.19. In addition, MYT Netherlands Parent BV ADR saw 58.45% 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
- 0.46 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 -8.28, with -4.94 for asset returns.
Based on MYT Netherlands Parent BV ADR (MYTE), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at -0.11. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is -6.44.
Currently, EBITDA for the company is -6.74 million with net debt to EBITDA at -4.13. When we switch over and look at the enterprise to sales, we see a ratio of 1.12. The receivables turnover for the company is 76.85for trailing twelve months and the total asset turnover is 1.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.78.
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.
