THG Plc (LON:THG - Get Free Report)'s stock price dropped 11.2% during trading on Thursday . The company traded as low as GBX 47.76 ($0.60) and last traded at GBX 47.80 ($0.60). Approximately 4,923,972 shares traded 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
Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of THG in a report on Thursday, December 5th. Canaccord Genuity Group decreased 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 report on Thursday, September 26th.
Read Our Latest Stock Analysis on THG
THG Trading Down 6.9 %
The firm has a market cap of £680.85 million, a price-to-earnings ratio of -261.76, a P/E/G ratio of -0.08 and a beta of 2.40. The firm's 50-day moving average is GBX 45.84 and its 200-day moving average is GBX 56.23. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 111.80.
Insider Activity
In other news, insider Damian Sanders bought 153,061 shares of THG stock in a transaction dated Tuesday, October 15th. The stock was purchased at an average price of GBX 49 ($0.61) per share, for a total transaction of £74,999.89 ($93,738.15). Also, insider Charles Allen bought 542,000 shares of the stock in a transaction dated Wednesday, October 30th. The stock was purchased at an average price of GBX 46 ($0.57) per share, with a total value of £249,320 ($311,611.05). Corporate insiders own 31.60% of the company's stock.
THG Company Profile
(
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.
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