THG (LON:THG) Given “Underweight” Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their underweight rating on shares of THG (LON:THG) in a research report report published on Thursday morning, Marketbeat reports.

Separately, Canaccord Genuity Group dropped their target price on THG from GBX 66 ($0.84) to GBX 53 ($0.68) and set a “hold” rating on the stock in a research report on Thursday, September 26th.

THG Price Performance

LON:THG opened at GBX 45 ($0.57) on Thursday. THG has a 52 week low of GBX 38.98 ($0.50) and a 52 week high of GBX 89.98 ($1.15). 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 stock has a market capitalization of £688.50 million, a PE ratio of -261.18, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The stock’s 50-day moving average price is GBX 46.71 and its 200-day moving average price is GBX 57.89.

Insider Activity at THG

In related news, insider Damian Sanders purchased 153,061 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The shares were purchased at an average cost of GBX 49 ($0.63) per share, with a total value of £74,999.89 ($95,699.74). Also, insider Charles Allen purchased 542,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The stock was bought at an average cost of GBX 46 ($0.59) per share, for a total transaction of £249,320 ($318,131.94). 31.60% of the stock is currently owned by corporate 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.