THG (LON:THG) Sets New 52-Week Low – Should You Sell?

THG Plc (LON:THG)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 44.86 ($0.58) and last traded at GBX 45.07 ($0.58), with a volume of 3647704 shares trading hands. The stock had previously closed at GBX 45.68 ($0.59).

Analysts Set New Price Targets

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

THG Price Performance

The stock’s 50 day simple moving average is GBX 54.22 and its 200 day simple moving average is GBX 61.64. 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 capitalization of £718.79 million, a P/E ratio of -276.59, a P/E/G ratio of -0.08 and a beta of 2.40.

Insider Buying and Selling

In other news, insider Charles Allen bought 542,000 shares of the firm’s stock in a transaction on Wednesday, October 30th. The stock was acquired at an average cost of GBX 46 ($0.60) per share, with a total value of £249,320 ($323,330.31). In other THG news, insider Charles Allen purchased 542,000 shares of THG stock in a transaction dated Wednesday, October 30th. The stock was acquired at an average price of GBX 46 ($0.60) per share, for a total transaction of £249,320 ($323,330.31). Also, insider Damian Sanders purchased 153,061 shares of the stock in a transaction dated Tuesday, October 15th. The stock was acquired at an average cost of GBX 49 ($0.64) per share, with a total value of £74,999.89 ($97,263.51). 31.60% of the stock is owned by 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.