THG (LON:THG) Stock Price Down 11.2% - Time to Sell?

THG Plc (LON:THG - Get Free Report)'s stock price traded down 11.2% during trading on Wednesday . The company traded as low as GBX 47.76 ($0.60) and last traded at GBX 47.80 ($0.60). 4,923,972 shares traded hands during trading, an increase of 39% from the average session volume of 3,545,230 shares. The stock had previously closed at GBX 53.80 ($0.68).

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on THG. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of THG in a research report on Thursday, December 5th. Canaccord Genuity Group reduced their price target on THG from GBX 66 ($0.83) to GBX 53 ($0.67) and set a "hold" rating on the stock in a research report on Thursday, September 26th.

THG Trading Down 11.2 %

The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 111.80. The business has a fifty day moving average price of GBX 45.99 and a 200 day moving average price of GBX 56.31. The company has a market capitalization of £731.34 million, a P/E ratio of -281.18, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40.

Insider Buying and Selling

In other THG news, insider Charles Allen purchased 542,000 shares of the company's stock in a transaction that occurred on Wednesday, October 30th. The shares were acquired at an average price of GBX 46 ($0.58) per share, for a total transaction of £249,320 ($313,452.35). Also, insider Damian Sanders purchased 153,061 shares of the firm's stock in a transaction that occurred on Tuesday, October 15th. The stock was bought at an average price of GBX 49 ($0.62) per share, for a total transaction of £74,999.89 ($94,292.04). 31.60% of the stock is currently owned by corporate insiders.

THG Company Profile

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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