THG (LON:THG) Trading Down 11.2% – Should You Sell?

THG Plc (LON:THG) was down 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 traded hands 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 ($0.68).

Analyst Upgrades and Downgrades

THG has been the topic of a number of analyst reports. Canaccord Genuity Group reduced their price objective on shares of THG from GBX 66 ($0.83) to GBX 53 ($0.67) and set a “hold” rating on the stock in a report on Thursday, September 26th. JPMorgan Chase & Co. restated an “underweight” rating on shares of THG in a research note on Thursday, December 5th.

THG Price Performance

The stock has a market capitalization of £682.38 million, a price-to-earnings ratio of -262.35, a P/E/G ratio of -0.08 and a beta of 2.40. 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 fifty day moving average of GBX 45.78 and a 200-day moving average of GBX 56.06.

Insider Transactions at THG

In other news, insider Damian Sanders bought 153,061 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were acquired at an average price of GBX 49 ($0.62) per share, for a total transaction of £74,999.89 ($94,256.49). Also, insider Charles Allen bought 542,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The stock was purchased at an average cost of GBX 46 ($0.58) per share, with a total value of £249,320 ($313,334.17). Insiders own 31.60% of the company’s stock.

THG Company Profile

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.