THG (LON:THG) Stock Price Down 10.7% – What’s Next?

THG Plc (LON:THGGet Free Report) dropped 10.7% during mid-day trading on Tuesday . The stock traded as low as GBX 25.24 ($0.34) and last traded at GBX 25.24 ($0.34). Approximately 14,407,595 shares were traded during mid-day trading, an increase of 62% from the average daily volume of 8,902,450 shares. The stock had previously closed at GBX 28.26 ($0.38).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reduced their price target on shares of THG from GBX 49 ($0.66) to GBX 45 ($0.60) and set an “underweight” rating for the company in a research report on Tuesday, March 25th.

Read Our Latest Analysis on THG

THG Price Performance

The company has a 50-day moving average of GBX 32.23 and a 200 day moving average of GBX 39.67. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 75.19. The stock has a market capitalization of £339.04 million, a PE ratio of -1.44, a PEG ratio of -0.08 and a beta of 2.40.

THG (LON:THGGet Free Report) last issued its earnings results on Wednesday, April 30th. The company reported GBX (13) (($0.17)) earnings per share for the quarter. THG had a negative return on equity of 24.45% and a negative net margin of 11.77%. Sell-side analysts predict that THG Plc will post -6.7170435 EPS for the current year.

THG Company Profile

(Get Free Report)

THG (www.thg.com) is a global innovator revolutionising how brands connect to a worldwide consumer base. We are transforming how consumer brands go to market in the digital age.

We have built a portfolio of leading digital beauty, health, wellness, and sports nutrition brands that are capitalising on the global growth opportunities, supported by the accelerating consumer shift to the e-commerce channel.

THG is home to three key divisions: Beauty, Nutrition, and Ingenuity.

Further Reading

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