THG (LON:THG) Sets New 12-Month Low - Should You Sell?

THG Plc (LON:THG - Get Free Report) shares hit a new 52-week low on Thursday . The stock traded as low as GBX 44 ($0.57) and last traded at GBX 45.12 ($0.59), with a volume of 486817 shares trading hands. The stock had previously closed at GBX 45 ($0.59).

Wall Street Analyst Weigh In

THG has been the topic of a number of recent analyst reports. Canaccord Genuity Group reduced 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 report on Thursday, September 26th. JPMorgan Chase & Co. upped their target price on 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.

THG Stock Performance

The stock has a market capitalization of £665.63 million, a price-to-earnings ratio of -264.06, a PEG ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 111.80, a quick ratio of 0.89 and a current ratio of 1.25. The firm's 50 day moving average is GBX 53.10 and its 200-day moving average is GBX 61.28.

Insider Activity

In related news, insider Charles Allen purchased 542,000 shares of the company's stock in a transaction dated Wednesday, October 30th. The stock was acquired at an average cost of GBX 46 ($0.60) per share, for a total transaction of £249,320 ($324,550.90). In other news, insider Charles Allen acquired 542,000 shares of the business's stock in a transaction that occurred on Wednesday, October 30th. The shares were purchased at an average price of GBX 46 ($0.60) per share, for a total transaction of £249,320 ($324,550.90). Also, insider Damian Sanders acquired 153,061 shares of the company's stock in a transaction that occurred on Tuesday, October 15th. The stock was acquired at an average price of GBX 49 ($0.64) per share, with a total value of £74,999.89 ($97,630.68). Insiders own 31.60% of the company's stock.

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.