Shares of THG Plc (LON:THG – Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 46.56 ($0.60) and last traded at GBX 47 ($0.61), with a volume of 485396 shares changing hands. The stock had previously closed at GBX 47 ($0.61).
Wall Street Analyst Weigh In
A number of brokerages have commented on THG. Canaccord Genuity Group reduced their target price on shares of THG from GBX 66 ($0.86) to GBX 53 ($0.69) and set a “hold” rating for the company in a report on Thursday, September 26th. JPMorgan Chase & Co. upped their target price on shares of THG from GBX 48 ($0.62) to GBX 49 ($0.64) and gave the company an “underweight” rating in a report on Friday, July 12th.
Read Our Latest Research Report on THG
THG Trading Down 2.0 %
Insider Transactions at THG
In other news, insider Damian Sanders acquired 153,061 shares of THG stock in a transaction dated Tuesday, October 15th. The stock was purchased at an average cost of GBX 49 ($0.64) per share, with a total value of £74,999.89 ($97,377.16). Corporate insiders own 33.92% 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.
Read More
- Five stocks we like better than THG
- Are Penny Stocks a Good Fit for Your Portfolio?
- How Verizon Could Offer Stress-Free Double-Digit Returns in 2025
- How to Choose Top Rated Stocks
- Can Roche Challenge Lilly and Novo in the Weight Loss Market?
- What Does a Stock Split Mean?
- Roblox Stock: Key Metrics Surge, Is This the Perfect Entry?
Receive News & Ratings for THG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for THG and related companies with MarketBeat.com's FREE daily email newsletter.