MYT Netherlands Parent BV ADR (NYSE:MYTE) traded at $11.10 at close of the session on current trade day and made a downward move of -4.15% on its previous day’s price.
Looking at the stock we see that its previous close was $11.58 and the beta (5Y monthly) reads 1.018 with the day’s price range being $10.75 – $11.57. In terms of its 52-week price range, MYTE has a high of $12.50 and a low of $2.58. The company’s stock has gained about 45.67% over that past 30 days.
MYT Netherlands Parent BV ADR has a market cap of $946.50 million and is expected to release its quarterly earnings report in March.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 247.07M, with a low of 240.5M and a high of 252M. The median projection represents growth squeezing down to 5.63% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 920.2M, or 9.44% up from figures reported last year.
On the other hand, looking at the outlook for the MYTE stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 5 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the MYT Netherlands Parent BV ADR (MYTE) stock as a Hold, while 4 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 12.23% off its SMA20 and 34.40% from its 50-day simple moving average. The RSI (14) is pointing at 65.80 while the volatility over the past week is 8.74% and jumps to 9.19% over the past one month. The beta value is 1.02, while the average true range (ATR) is currently pointing at 0.83. The average price target for the stock over the next 12 months is $16, with the estimates having a low of $3.75 and a high of $25. These price ends are 66.22% and -125.23% off the current price level respectively, although investors could be excited at the prospect of a -44.14% if the MYTE share price touches on the median price of $16.
Coming back to MYT Netherlands Parent BV ADR (NYSE:MYTE), we note that the average 3-month trading volume was 172.86K, while that of the preceding 10-day period stands at 0.23 million. Current shares outstanding are 85.27 million.
