MYT Netherlands Parent B.V. (NYSE:MYTE) Stock Price Down 0.1% – Here’s What Happened

MYT Netherlands Parent B.V. (NYSE:MYTE – Get Free Report)’s stock price traded down 0.1% during trading on Thursday. The stock traded as low as $8.89 and last traded at $9.01. 82,765 shares changed hands during trading, a decline of 52% from the average session volume of 172,407 shares. The stock had previously closed at $9.02.

MYT Netherlands Parent B.V. Stock Up 1.3%

The firm has a 50-day moving average of $8.86 and a 200 day moving average of $8.37. The stock has a market capitalization of $828.71 million, a price-to-earnings ratio of -22.49 and a beta of 1.08. The company has a current ratio of 1.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.09.

MYT Netherlands Parent B.V. Company Profile

(Get Free Report)

MYT Netherlands Parent B.V. is the corporate parent of Mytheresa, a digital luxury fashion retailer headquartered in Munich, Germany. The company operates an online platform offering designer apparel, shoes, handbags, accessories, jewelry, beauty products and lifestyle goods for women, men and children.

Mytheresa was founded in 2006 as an online extension of a Munich luxury fashion boutique and has developed into a global e-commerce business serving customers across Europe, North America, Asia and other international markets.

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