THG (LON:THG) Hits New 1-Year Low – Time to Sell?

Shares of THG Plc (LON:THG) 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.

THG Trading Down 2.0 %

The stock’s 50 day moving average price is GBX 56.10 and its 200-day moving average price is GBX 62.34. 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 £612.76 million, a PE ratio of -276.25, a PEG ratio of -0.08 and a beta of 2.40.

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.