THG Plc (LON:THG - Get Free Report)'s stock price dropped 11.2% during mid-day trading on Thursday . The stock traded as low as GBX 47.76 ($0.60) and last traded at GBX 47.80 ($0.60). Approximately 4,923,972 shares changed hands during mid-day trading, an increase of 39% from the average daily volume of 3,545,230 shares. The stock had previously closed at GBX 53.80 ($0.67).
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the company. Canaccord Genuity Group cut their price target 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. JPMorgan Chase & Co. restated an "underweight" rating on shares of THG in a research report on Thursday, December 5th.
Check Out Our Latest Stock Report on THG
THG Trading Down 6.9 %
The stock has a fifty day moving average of GBX 45.84 and a 200 day moving average of GBX 56.23. 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 company has a market capitalization of £680.85 million, a P/E ratio of -261.76, a PEG ratio of -0.08 and a beta of 2.40.
Insider Activity
In other news, 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 price of GBX 46 ($0.57) per share, with a total value of £249,320 ($311,611.05). Also, insider Damian Sanders purchased 153,061 shares of the firm's stock in a transaction on 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 ($93,738.15). Insiders own 31.60% of the company's stock.
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
Before you consider THG, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and THG wasn't on the list.
While THG currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
