THG (LON:THG) Shares Down 7.6% - Here's What Happened

THG Plc (LON:THG - Get Free Report) shares were down 7.6% during trading on Monday . The stock traded as low as GBX 33.50 ($0.43) and last traded at GBX 34 ($0.44). Approximately 10,864,285 shares changed hands during mid-day trading, an increase of 23% from the average daily 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 target on THG from GBX 49 ($0.63) to GBX 45 ($0.58) and set an "underweight" rating for the company in a research report on Tuesday.

THG Price Performance

The firm has a market capitalization of £447.30 million, a price-to-earnings ratio of -1.90, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 75.19, a quick ratio of 0.89 and a current ratio of 1.25. The company's fifty day moving average price is GBX 37.39 and its 200 day moving average price is GBX 44.25.

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.