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

Posted by Maddie Sorensen on Dec 19th, 2024

THG Plc (LON:THG – Get Free Report) was down 11.2% during trading on Thursday . The company traded as low as GBX 47.76 ($0.60) and last traded at GBX 47.80 ($0.60). Approximately 4,923,972 shares were traded 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).

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on THG. Canaccord Genuity Group decreased their price objective on shares of THG from GBX 66 ($0.83) to GBX 53 ($0.67) and set a “hold” rating for the company in a report on Thursday, September 26th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of THG in a report on Thursday, December 5th.

Check Out Our Latest Stock Analysis on THG

THG Trading Down 7.4 %

The stock has a market cap of £677.48 million, a price-to-earnings ratio of -260.47, a P/E/G ratio of -0.08 and a beta of 2.40. The business’s fifty day simple moving average is GBX 45.99 and its 200 day simple moving average is GBX 56.31. The company has a debt-to-equity ratio of 111.80, a current ratio of 1.25 and a quick ratio of 0.89.

Insider Transactions at THG

In other THG news, insider Damian Sanders purchased 153,061 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were bought at an average price of GBX 49 ($0.62) per share, with a total value of £74,999.89 ($94,292.04). Also, insider Charles Allen acquired 542,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The stock was acquired at an average cost of GBX 46 ($0.58) per share, with a total value of £249,320 ($313,452.35). Insiders own 31.60% of the company’s stock.

THG Company Profile

(Get Free Report)

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.