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 $9.67, up 0.42% from the previous day, and has increased 35.81% in one year. It has underperformed other stocks in the Luxury Goods industry by 0.04 percentage points. Luxexperience Bv stock is currently +56.47% from its 52-week low of $6.18, and -22.64% from its 52-week high of $12.50.
At the moment, there are 139.7M LUXE shares outstanding. The market cap of LUXE is $1.35B. In the last 24 hours, 140,000 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.
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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.
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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 1.54x, relative to Luxury Goods industry P/E ratio of 58.89x
- LUXE may be undervalued based on its P/B ratio of 0.92x, relative to Luxury Goods industry P/B ratio of 12.87x
You can do more valuation research on LUXE's stock here.
Is LUXE a healthy company?
Positive Health Checks:
- LUXE has cash burn of 178867816. It has enough cash and short-term investments to cover this for at least one year.
- LUXE profit margin has gone up from -4.2% to 30.3% 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 $530.04M in cash and short term investments. This is enough to cover its annual cash burn of $178.87M.
Negative Health Checks:
- LUXE has a relatively high debt to equity ratio of 0.68.
You can dig deeper into what analysts are projecting on the Luxexperience Bv stock forecast page.
LUXE Technical Indicators
Is LUXE Making Money?
Last year, LUXE earnings were $568.94M. In the last 5 year, LUXE's earnings have grown by 79.53% per year. This was faster than the Luxury Goods industry average of -12.46%.
Last year, LUXE revenue was $1.88B. During the last five year, LUXE's revenue has gone up by 27.64% per year. This was faster than the Luxury Goods industry average of 8.48%.
You can research LUXE's earnings and revenue performance here.
Who is buying/selling LUXE?
Over the past year, executives and large shareholders at LUXE have not bought or sold any shares.
Learn more about who owns LUXE shares here.
Does LUXE provide a stable income stream?
No, Luxexperience Bv doesn't provide an income stream by paying out dividends.
What others are saying about LUXE
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your LUXE purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open button and your broker will place the order.
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Step 6: Track your LUXE investment
Now that you own some LUXE shares, you'll want to stay up-to-date on your new shares.
Put LUXE on a watchlist to get the latest updates about your LUXE stock.
LUXE Feed
How to Buy Stock in Luxexperience Bv
To summarize, here are the 6 steps you need to take to buy Luxexperience Bv stock right now:
- 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 account, eToro is our favorite option.
Get Started with eToro TodayIf you want to monitor your new investment in Luxexperience Bv, create a watchlist today.
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