THG (LON:THG) Sets New 12-Month Low - What's Next?

THG Plc (LON:THG - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 46.56 ($0.60) and last traded at GBX 47 ($0.61), with a volume of 485396 shares trading hands. The stock had previously closed at GBX 47 ($0.61).

Wall Street Analyst Weigh In

A number of analysts recently weighed in on THG shares. JPMorgan Chase & Co. lifted their price target on THG from GBX 48 ($0.62) to GBX 49 ($0.64) and gave the company an "underweight" rating in a research note on Friday, July 12th. Canaccord Genuity Group decreased their price target on THG from GBX 66 ($0.86) to GBX 53 ($0.69) and set a "hold" rating on the stock in a research note on Thursday, September 26th.

THG Stock Performance

The stock has a 50-day simple moving average of GBX 56.10 and a 200 day simple moving average of GBX 62.34. The company has a debt-to-equity ratio of 111.80, a current ratio of 1.25 and a quick ratio of 0.89. The company has a market capitalization of £611.80 million, a PE ratio of -270.59, a P/E/G ratio of -0.08 and a beta of 2.40.

Insiders Place Their Bets

In other news, insider Damian Sanders bought 153,061 shares of the firm's stock in a transaction on Tuesday, October 15th. The shares were bought at an average cost of GBX 49 ($0.64) per share, for a total transaction of £74,999.89 ($97,377.16). 33.92% of the stock is owned by company insiders.

About THG

THG Plc operates as an e-commerce technology company in the United Kingdom, the United States, Europe, and internationally. The company operates through THG Beauty, THG Nutrition, and THG Ingenuity segments. The THG Beauty segment manufactures and retails skincare, haircare, cosmetics, body care, and fragrance; and operates spa and experience venues, as well as luxury clothing and homeware.