THG (LON:THG) Hits New 1-Year Low - Time to Sell?

THG Plc (LON:THG - Get Free Report)'s share price reached a new 52-week low on Friday . The stock traded as low as GBX 33.88 ($0.41) and last traded at GBX 39.85 ($0.48), with a volume of 2165286 shares. The stock had previously closed at GBX 39.88 ($0.49).

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Canaccord Genuity Group decreased their price objective on shares of THG from GBX 66 ($0.80) to GBX 53 ($0.64) and set a "hold" rating for the company in a report on Thursday, September 26th. JPMorgan Chase & Co. reissued an "underweight" rating on shares of THG in a report on Thursday, December 5th.

THG Trading Up 0.3 %

The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 111.80. The firm has a market capitalization of £612 million, a P/E ratio of -235.29, a PEG ratio of -0.08 and a beta of 2.40. The business has a 50 day moving average of GBX 44.70 and a 200-day moving average of GBX 53.

Insider Activity

In other news, insider Charles Allen purchased 542,000 shares of the company's stock in a transaction on Wednesday, October 30th. The shares were purchased at an average price of GBX 46 ($0.56) per share, with a total value of £249,320 ($303,345.91). Corporate insiders own 31.60% of the company's stock.

About THG

THG (www.thg.com) is a global innovator revolutionising how brands connect to a worldwide consumer base. We are transforming how consumer brands go to market in the digital age. We have built a portfolio of leading digital beauty, health, wellness, and sports nutrition brands that are capitalising on the global growth opportunities, supported by the accelerating consumer shift to the e-commerce channel. THG is home to three key divisions: Beauty, Nutrition, and Ingenuity.