How to Buy Myt Netherlands Parent Bv Stock
Myt Netherlands Parent Bv
MYT Netherlands Parent B. V. operates as a luxury e-commerce platform for the fashion consumers worldwide.
Myt Netherlands Parent Bv stock last closed at $3.85, up 6.06% from the previous day, and has decreased 46.75% in one year. It has underperformed other stocks in the Luxury Goods industry by 0.41 percentage points. Myt Netherlands Parent Bv stock is currently +87.8% from its 52-week low of $2.05, and -36.89% from its 52-week high of $6.10.
At the moment, there are 86.8M MYTE shares outstanding. The market cap of MYTE is $334.18M. In the last 24 hours, 107,073 MYTE shares were traded.
How to Buy Myt Netherlands Parent Bv Stock
Wondering how to invest in Myt Netherlands Parent Bv stock? Here's how.
- Decide where to buy Myt Netherlands Parent 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 Myt Netherlands Parent 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 Myt Netherlands Parent Bv stock: The Myt Netherlands Parent Bv ticker symbol is MYTE. Is Myt Netherlands Parent Bv stock a good investment? Should you buy shares of MYTE? How do MYTE's underlying business fundamentals look? Do top analysts think Myt Netherlands Parent Bv is a good buy? Why has MYTE's stock price moved recently? (Hint: Our stock research website can help you understand if MYTE is a good stock to buy).
- Execute your MYTE purchase: Decide if you will purchase MYTE shares at the current market price or use a limit order to purchase MYTE stock at a given price.
- Track your MYTE investment: Create a watchlist to important updates regarding your position in Myt Netherlands Parent Bv stock.
Step 1: Decide where to buy Myt Netherlands Parent Bv stock
You need a brokerage account to access the NYSE market and buy MYTE shares.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro today.
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 MYTE 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.
- Provide your personal details to create a new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
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 Myt Netherlands Parent Bv stock
Once you have figured out the best place to buy Myt Netherlands Parent Bv stock, it's crucial to analyze their stock prior to buying, so you actually understand the risk and opportunity.
Overview of key MYTE info
Myt Netherlands Parent Bv Fundamentals
WallStreetZen was built to help average investors do better fundamental analysis quickly.
You can view all of the due diligence checks on MYTE's stock page.
How is MYTE stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge MYTE's fair value.
Using relative valuations measures:
- MYTE may be undervalued based on its P/B ratio of 0.7x, relative to Luxury Goods industry P/B ratio of 2.46x
You can do more valuation research on MYTE's stock here.
MYTE Financial Health
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the MYTE balance sheet.
- There are more short-term assets than long-term liabilities on the MYTE balance sheet.
Negative Health Checks:
- MYTE profit margin has gone down from -1% to -3.6% in the past year.
- MYTE has cash burn of 42629032. It does not have enough cash and short-term investments to cover this.
- MYTE has a relatively high debt to equity ratio of 0.63.
- MYTE has $6.92M in cash and short term investments. This is not enough to cover its annual cash burn of $42.63M.
Do analysts think it's a good time to buy Myt Netherlands Parent Bv stock
Out of 1 Wall Street analysts who track MYTE, the consensus analyst rating on Myt Netherlands Parent Bv is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Myt Netherlands Parent Bv stock forecast page.
MYTE Trading Indicators
How are MYTE Revenues/Earnings doing?
Last year, MYTE revenue was $846.72M. During the last 3 year, MYTE's revenue has grown by 73.09% per year. This was faster than the Luxury Goods industry average of 4.78%.
Find out more about MYTE's earnings and revenue performance here.
What are MYTE executives and large shareholders up to?
In the past year, executives and large shareholders at MYTE have not bought or sold any shares.
Get more info about who owns MYTE stock here.
Can I get consistent income from MYTE stock?
No, Myt Netherlands Parent Bv doesn't provide an income stream by paying out dividends.
What others are saying about MYTE
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your MYTE purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you 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 specific dollar amount limit, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you want additional help with buying stocks on eToro, click the how to video below:
Step 6: Track your MYTE investment
Now that you own some MYTE shares, you'll want to stay up-to-date on your new investment.
Make a watchlist to get notified of important updates regarding your MYTE stock.
MYTE Feed
How to Buy Stock in Myt Netherlands Parent Bv
To summarize, here are the 6 steps to buy stock in Myt Netherlands Parent Bv:
- Decide where to buy Myt Netherlands Parent Bv stock
- Sign up for a brokerage account
- Deposit money your investment account
- Evaluate Myt Netherlands Parent Bv stock
- Execute your MYTE purchase
- Track your MYTE investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your investment in Myt Netherlands Parent Bv, add MYTE to your watchlist by clicking the button below.
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