THG (LON:THG) Stock Price Down 6.4%

THG Plc (LON:THG) shares fell 6.4% during mid-day trading on Tuesday . The stock traded as low as GBX 59.95 ($0.79) and last traded at GBX 60.15 ($0.79). 9,906,841 shares changed hands during trading, an increase of 219% from the average session volume of 3,108,830 shares. The stock had previously closed at GBX 64.25 ($0.85).

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 105 ($1.39) target price on shares of THG in a research report on Monday, June 24th. JPMorgan Chase & Co. lifted their price objective on shares of THG from GBX 48 ($0.63) to GBX 49 ($0.65) and gave the company an “underweight” rating in a report on Friday, July 12th.

THG Price Performance

The company has a 50 day moving average of GBX 62.58 and a 200 day moving average of GBX 64.23. The company has a debt-to-equity ratio of 97.39, a quick ratio of 0.89 and a current ratio of 1.30. The stock has a market capitalization of £781.38 million, a price-to-earnings ratio of -338.16, a PEG ratio of -0.08 and a beta of 2.40.

About THG

THG Plc operates as an e-commerce technology company in the United Kingdom, the United States, Europe, and internationally. The company operates pure-play sites, such as Lookfantastic, Cult Beauty, and Dermstore that offers approximately 1,300 premium brands across the skincare, haircare, cosmetics, and fragrance categories; Myprotein, a direct-to-consumer sports nutrition provider that offers products across various categories, including vegan alternatives, health snacks, vitamins and athleisure; and THG Ingenuity, an end-to-end platform that powers digital experience and retail for FMCG, beauty, and retail brands.