How to Buy Luxexperience Bv Stock
Luxexperience Bv
MYT Netherlands Parent B. V. operates as a luxury e-commerce platform for the fashion consumers worldwide.
Luxexperience Bv stock last closed at $9.79, up 4.26% from the previous day, and has increased 60.49% in one year. It has overperformed other stocks in the Luxury Goods industry by 0.16 percentage points. Luxexperience Bv stock is currently +63.17% from its 52-week low of $6.00, and -21.68% from its 52-week high of $12.50.
At the moment, there are 137.26M LUXE shares outstanding. The market cap of LUXE is $1.34B. In the last 24 hours, 342,000 LUXE shares were traded.
How to Buy Luxexperience Bv Stock
Wondering how to invest in Luxexperience Bv stock? Here's how.
- Decide where to buy Luxexperience Bv stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Luxexperience Bv stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your method of payment and add your details.
- Evaluate Luxexperience Bv stock: The Luxexperience Bv ticker symbol is LUXE. Is Luxexperience Bv stock a good investment? Should you buy shares of LUXE? How do LUXE's underlying business fundamentals look? Do top analysts think Luxexperience Bv is a good buy? Why has LUXE's stock price moved recently? (Hint: Our stock research website can help you understand if LUXE is a good stock to buy).
- Execute your LUXE purchase: Decide if you will purchase LUXE shares at the current market price or use a limit order to purchase LUXE stock at a given price.
- Track your LUXE investment: Create a watchlist to important updates regarding your position in Luxexperience Bv stock.
Step 1: Decide where to buy Luxexperience Bv stock
You need a brokerage account to access the NYSE market and buy LUXE shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal info so you can buy LUXE stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your investment account
Now that you've created your account on one of the most highly reviewed stock market apps, you need to deposit funds:
Check out the walkthrough below if you need help depositing funds into your new brokerage account.
Step 4: Evaluate Luxexperience Bv stock
Once you have figured out the best place to buy Luxexperience Bv stock, it's crucial to analyze their stock prior to buying, so you actually understand the risk and opportunity.
Overview of key LUXE info
Luxexperience Bv Fundamentals
WallStreetZen was built to help average investors do better fundamental analysis quickly.
You can view all of the due diligence checks on LUXE's stock page.
How is LUXE stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge LUXE's fair value.
Using relative valuations measures:
- LUXE may be undervalued based on its P/E ratio of 1.43x, relative to Luxury Goods industry P/E ratio of 82.61x
- LUXE may be undervalued based on its P/B ratio of 0.85x, relative to Luxury Goods industry P/B ratio of 9.35x
You can do more valuation research on LUXE's stock here.
Is LUXE a healthy company?
Positive Health Checks:
- Total LUXE debt is lower than 5 years ago, relative to shareholder equity.
- LUXE profit margin has gone up from -3% to 45.2% in the past year.
- There are more short-term assets than short-term liabilities on the LUXE balance sheet.
- There are more short-term assets than long-term liabilities on the LUXE balance sheet.
- LUXE has $701.85M in cash and short term investments. This is enough to cover its annual cash burn of $39.99M.
- LUXE has cash burn of 39987209. It has enough cash and short-term investments to cover this for at least one year.
Negative Health Checks:
- LUXE has a relatively high debt to equity ratio of 0.67.
You can dig deeper into what analysts are projecting on the Luxexperience Bv stock forecast page.
LUXE Technicals
Is LUXE Making Money?
Last year, LUXE earnings were $662.74M. Over the past 5 year, LUXE's earnings have increased by 132.95% per year. This was faster than the Luxury Goods industry average of -17.63%.
Last year, LUXE revenue was $1.47B. Over the last 5 year, LUXE's revenue has increased by 24.07% per year. This was faster than the Luxury Goods industry average of 7.55%.
Learn more about LUXE's earnings and revenue performance here.
Who is buying/selling LUXE?
In the last year, insiders at LUXE have not bought or sold any shares.
Get more info about who owns LUXE stock here.
Can I rely on LUXE as an income stream?
No, Luxexperience Bv doesn't provide an income stream by paying out dividends.
What others are saying about LUXE
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your LUXE purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, use a limit order.
Press the Open Trade button and eToro will place the order.
If you need more help with investing in stocks on eToro, click the how to video below:
Step 6: Track your LUXE investment
Now that you own some shares in LUXE, you'll want to stay up-to-date on your shares.
Put LUXE on a watchlist to track the most important metrics related to your LUXE stock.
LUXE Feed
How to Buy Stock in Luxexperience Bv
To reiterate, here are the 6 steps for buying Luxexperience Bv stock:
- Decide where to buy Luxexperience Bv stock
- Sign up for a brokerage account
- Deposit money your investment account
- Evaluate Luxexperience Bv stock
- Execute your LUXE purchase
- Track your LUXE investment
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Luxexperience Bv, add LUXE to your watchlist below.
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