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

THG Plc (LON:THG - Get Free Report)'s stock price dropped 11.2% during trading on Wednesday . The stock traded as low as GBX 47.76 ($0.60) and last traded at GBX 47.80 ($0.60). Approximately 4,923,972 shares were traded during 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).

Analyst Ratings Changes

Several brokerages have recently issued reports on THG. 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 shares of THG from GBX 66 ($0.82) to GBX 53 ($0.66) and set a "hold" rating on the stock in a report on Thursday, September 26th.

THG Stock Down 6.9 %

The business has a fifty day moving average price of GBX 45.99 and a two-hundred day moving average price of GBX 56.31. The company has a debt-to-equity ratio of 111.80, a current ratio of 1.25 and a quick ratio of 0.89. The firm has a market capitalization of £680.85 million, a price-to-earnings ratio of -261.76, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40.

Insider Buying and Selling at THG

In other news, insider Charles Allen purchased 542,000 shares of THG stock in a transaction dated Wednesday, October 30th. The stock was acquired at an average cost of GBX 46 ($0.57) per share, for a total transaction of £249,320 ($311,611.05). Also, insider Damian Sanders bought 153,061 shares of the business's stock in a transaction that occurred on Tuesday, October 15th. The shares were bought at an average price of GBX 49 ($0.61) per share, with a total value of £74,999.89 ($93,738.15). 31.60% of the stock is currently 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.