MYT Netherlands Parent B.V. (NYSE:LUXE) Downgraded by Wall Street Zen to Sell

Wall Street Zen lowered shares of MYT Netherlands Parent B.V. (NYSE:LUXEFree Report) from a hold rating to a sell rating in a research note issued to investors on Friday.

MYT Netherlands Parent B.V. Price Performance

Shares of LUXE stock opened at $7.90 on Friday. MYT Netherlands Parent B.V. has a twelve month low of $3.92 and a twelve month high of $12.50. The stock has a market capitalization of $677.02 million, a P/E ratio of 1.61 and a beta of 1.09.

MYT Netherlands Parent B.V. (NYSE:LUXEGet Free Report) last announced its earnings results on Thursday, September 25th. The company reported $5.30 earnings per share for the quarter, beating the consensus estimate of ($0.18) by $5.48. The firm had revenue of $666.94 million during the quarter, compared to analyst estimates of $642.60 million.

About MYT Netherlands Parent B.V.

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MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, the rest of Europe, and internationally. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores.

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