THG (LON:THG) Reaches New 1-Year Low - Should You Sell?

THG Plc (LON:THG - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 38.50 ($0.48) and last traded at GBX 45.82 ($0.57), with a volume of 1311323 shares traded. The stock had previously closed at GBX 45.36 ($0.57).

Analysts Set New Price Targets

A number of research firms recently weighed in on THG. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of THG in a research note on Thursday, December 5th. Canaccord Genuity Group lowered their target price on THG from GBX 66 ($0.82) to GBX 53 ($0.66) and set a "hold" rating for the company in a research note on Thursday, September 26th.

THG Stock Down 2.4 %

The business's fifty day moving average price is GBX 45.30 and its two-hundred day moving average price is GBX 54.04. 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 has a market capitalization of £677.48 million, a P/E ratio of -260.47, a PEG ratio of -0.08 and a beta of 2.40.

Insider Activity at THG

In other news, insider Damian Sanders acquired 153,061 shares of THG stock in a transaction dated Tuesday, October 15th. The shares were acquired at an average cost of GBX 49 ($0.61) per share, for a total transaction of £74,999.89 ($93,562.74). Also, insider Charles Allen bought 542,000 shares of the company's stock in a transaction that occurred on Wednesday, October 30th. The stock was bought at an average cost of GBX 46 ($0.57) per share, for a total transaction of £249,320 ($311,027.94). 31.60% of the stock is owned by company insiders.

THG Company Profile

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.