THG (LON:THG) Trading Down 11% - Should You Sell?

THG Plc (LON:THG - Get Free Report)'s stock price traded down 11% during trading on Wednesday . The stock traded as low as GBX 47.76 ($0.60) and last traded at GBX 47.89 ($0.60). 4,408,139 shares traded hands during trading, an increase of 24% from the average session volume of 3,543,142 shares. The stock had previously closed at GBX 53.80 ($0.68).

Analyst Upgrades and Downgrades

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

THG Trading Down 11.2 %

The business's 50-day moving average price is GBX 45.99 and its 200-day moving average price is GBX 56.31. The firm has a market capitalization of £731.34 million, a PE ratio of -281.18, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 111.80, a current ratio of 1.25 and a quick ratio of 0.89.

Insider Buying and Selling

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

About THG

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.