THG (LON:THG) Hits New 1-Year Low - What's Next?

THG Plc (LON:THG - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 44.86 ($0.58) and last traded at GBX 45.07 ($0.58), with a volume of 3647704 shares trading hands. The stock had previously closed at GBX 45.68 ($0.59).

Wall Street Analyst Weigh In

Several analysts have issued reports on THG shares. JPMorgan Chase & Co. upped their price target on shares of THG from GBX 48 ($0.62) to GBX 49 ($0.64) and gave the company an "underweight" rating in a research report on Friday, July 12th. Canaccord Genuity Group dropped their target price on shares of THG from GBX 66 ($0.86) to GBX 53 ($0.69) and set a "hold" rating for the company in a report on Thursday, September 26th.

THG Trading Down 1.3 %

The company has a market capitalization of £599.86 million, a PE ratio of -263.76, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The stock's fifty day moving average price is GBX 54.82 and its two-hundred day moving average price is GBX 61.85. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 111.80.

Insider Buying and Selling

In related news, insider Damian Sanders purchased 153,061 shares of the firm's stock in a transaction that occurred on Tuesday, October 15th. The stock was bought at an average cost of GBX 49 ($0.64) per share, with a total value of £74,999.89 ($97,263.51). 33.92% of the stock is owned by insiders.

THG Company Profile

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.