THG (LON:THG) Stock Price Down 0.1% – What’s Next?

THG Plc (LON:THG) shares fell 0.1% during trading on Tuesday . The company traded as low as GBX 31.30 and last traded at GBX 31.60. 3,908,780 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 11,084,994 shares. The stock had previously closed at GBX 31.64.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 60 price objective on shares of THG in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 57.50.

THG Price Performance

The company has a 50 day simple moving average of GBX 32.77 and a 200-day simple moving average of GBX 36.90. The stock has a market cap of £492.56 million, a price-to-earnings ratio of 7.76, a PEG ratio of -0.08 and a beta of 2.45. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 131.97.

THG (LON:THG) last announced its quarterly earnings data on Thursday, March 26th. The company reported GBX (0.04) earnings per share (EPS) for the quarter. THG had a net margin of 3.15% and a return on equity of 12.75%. As a group, research analysts anticipate that THG Plc will post -6.7170435 EPS for the current fiscal year.

About THG

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. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.

THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.