THG (LON:THG) Reaches New 52-Week Low – Here’s Why

THG Plc (LON:THG)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 44 ($0.57) and last traded at GBX 45.12 ($0.59), with a volume of 486817 shares traded. The stock had previously closed at GBX 45 ($0.59).

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on THG shares. JPMorgan Chase & Co. lifted their price target on THG from GBX 48 ($0.62) to GBX 49 ($0.64) and gave the stock an “underweight” rating in a research note on Friday, July 12th. Canaccord Genuity Group cut their price target on THG from GBX 66 ($0.86) to GBX 53 ($0.69) and set a “hold” rating for the company in a research note on Thursday, September 26th.

THG Stock Down 0.2 %

The company has a debt-to-equity ratio of 111.80, a quick ratio of 0.89 and a current ratio of 1.25. The firm has a market cap of £686.82 million, a PE ratio of -264.71, a PEG ratio of -0.08 and a beta of 2.40. The stock has a fifty day moving average price of GBX 53.10 and a 200-day moving average price of GBX 61.28.

Insider Transactions at THG

In other news, insider Damian Sanders bought 153,061 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was acquired at an average price of GBX 49 ($0.64) per share, for a total transaction of £74,999.89 ($97,630.68). In related news, insider Damian Sanders purchased 153,061 shares of the firm’s stock in a transaction on Tuesday, October 15th. The stock was purchased at an average price of GBX 49 ($0.64) per share, for a total transaction of £74,999.89 ($97,630.68). Also, insider Charles Allen purchased 542,000 shares of the firm’s stock in a transaction on Wednesday, October 30th. The stock was bought at an average price of GBX 46 ($0.60) per share, with a total value of £249,320 ($324,550.90). Company insiders own 31.60% of the company’s stock.

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.