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THG (LON:THG) Hits New 1-Year Low - Here's What Happened

THG logo with Consumer Cyclical background

THG Plc (LON:THG - Get Free Report) shares reached a new 52-week low on Wednesday . The stock traded as low as GBX 41.08 ($0.53) and last traded at GBX 41.20 ($0.53), with a volume of 2787712 shares changing hands. The stock had previously closed at GBX 42.50 ($0.55).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reduced their price target on shares of THG from GBX 66 ($0.85) to GBX 53 ($0.68) and set a "hold" rating for the company in a research report on Thursday, September 26th.

View Our Latest Report on THG

THG Stock Performance

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 business's fifty day moving average price is GBX 51.48 and its 200-day moving average price is GBX 60.54. The stock has a market capitalization of £644.74 million, a PE ratio of -246.71, a P/E/G ratio of -0.08 and a beta of 2.40.

Insider Buying and Selling

In related news, insider Charles Allen acquired 542,000 shares of the firm's stock in a transaction that occurred on Wednesday, October 30th. The shares were bought at an average cost of GBX 46 ($0.59) per share, for a total transaction of £249,320 ($320,833.87). In other THG news, insider Charles Allen purchased 542,000 shares of THG stock in a transaction on Wednesday, October 30th. The shares were acquired at an average cost of GBX 46 ($0.59) per share, for a total transaction of £249,320 ($320,833.87). Also, insider Damian Sanders purchased 153,061 shares of THG stock in a transaction on Tuesday, October 15th. The shares were acquired at an average price of GBX 49 ($0.63) per share, for a total transaction of £74,999.89 ($96,512.53). 31.60% of the stock is owned by company insiders.

About THG

(Get Free Report)

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.

Further Reading

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