THG (LON:THG) Stock Price Down 11.2% – Time to Sell?

Shares of THG Plc (LON:THG) traded down 11.2% on Wednesday . The company traded as low as GBX 47.76 ($0.60) and last traded at GBX 47.80 ($0.60). 4,923,972 shares traded hands during trading, an increase of 39% from the average session volume of 3,545,230 shares. The stock had previously closed at GBX 53.80 ($0.68).

Analyst Ratings Changes

A number of equities research analysts recently weighed in on THG shares. JPMorgan Chase & Co. restated an “underweight” rating on shares of THG in a research note on Thursday, December 5th. 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 on the stock in a report on Thursday, September 26th.

THG Trading Down 11.2 %

The business has a fifty day moving average price of GBX 45.99 and a 200-day moving average price of GBX 56.31. 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 company has a market cap of £731.34 million, a P/E ratio of -281.18, a PEG ratio of -0.08 and a beta of 2.40.

Insider Buying and Selling

In related news, insider Charles Allen purchased 542,000 shares of the business’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, for a total transaction of £249,320 ($313,452.35). Also, insider Damian Sanders purchased 153,061 shares of THG stock in a transaction that occurred on Tuesday, October 15th. The shares were bought at an average cost of GBX 49 ($0.62) per share, for a total transaction of £74,999.89 ($94,292.04). 31.60% of the stock is currently owned by insiders.

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.