THG (LON:THG) Trading Down 7.6% - Here's Why

THG Plc (LON:THG - Get Free Report)'s stock price traded down 7.6% during trading on Monday . The company traded as low as GBX 33.50 ($0.43) and last traded at GBX 34 ($0.44). 10,864,285 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 8,831,288 shares. The stock had previously closed at GBX 36.78 ($0.48).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lowered their price objective on THG from GBX 49 ($0.63) to GBX 45 ($0.58) and set an "underweight" rating for the company in a research note on Tuesday, March 25th.

THG Trading Up 0.1 %

The company's 50 day moving average price is GBX 37.27 and its two-hundred day moving average price is GBX 43.88. The firm has a market cap of £447.30 million, a PE ratio of -1.90, a P/E/G ratio of -0.08 and a beta of 2.40. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 75.19.

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.