MYT Netherlands Parent B.V. (NYSE:MYTE) Shares Climb 2.6% – Here’s What Happened

MYT Netherlands Parent B.V. (NYSE:MYTE – Get Free Report) shares were up 2.6% on Wednesday. The company traded as high as $10.15 and last traded at $10.00. Approximately 315,393 shares changed hands during trading, an increase of 83% from the average session volume of 172,407 shares. The stock had previously closed at $9.75.

MYT Netherlands Parent B.V. Price Performance

The company has a current ratio of 1.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.09. The firm has a market cap of $895.55 million, a PE ratio of -24.30 and a beta of 1.08. The stock has a 50 day simple moving average of $8.35 and a 200-day simple moving average of $8.09.

About MYT Netherlands Parent B.V.

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MYT Netherlands Parent B.V. is the parent company of Mytheresa, a global luxury fashion e-commerce platform. The company offers a curated selection of luxury products from leading international and designer brands, including women’s, men’s and children’s clothing, shoes, handbags, accessories, jewelry and lifestyle goods.

Mytheresa operates through its website and mobile applications, providing customers with online shopping, personalized services, editorial content and related luxury retail experiences.

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