THG (LON:THG) Reaches New 12-Month Low – Should You Sell?

THG Plc (LON:THG)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 41.08 ($0.53) and last traded at GBX 41.20 ($0.53), with a volume of 2787712 shares traded. The stock had previously closed at GBX 42.50 ($0.55).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group cut their price target on THG from GBX 66 ($0.85) to GBX 53 ($0.68) and set a “hold” rating for the company in a report on Thursday, September 26th.

THG Price Performance

The business’s 50-day moving average price is GBX 51.85 and its 200 day moving average price is GBX 60.70. 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 capitalization of £649.97 million, a P/E ratio of -243.76, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40.

Insider Buying and Selling at THG

In other news, insider Damian Sanders purchased 153,061 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were purchased at an average price of GBX 49 ($0.63) per share, with a total value of £74,999.89 ($96,512.53). In other THG news, insider Damian Sanders acquired 153,061 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was bought at an average price of GBX 49 ($0.63) per share, with a total value of £74,999.89 ($96,512.53). 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 bought at an average price of GBX 46 ($0.59) per share, for a total transaction of £249,320 ($320,833.87). Insiders own 31.60% of the company’s stock.

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.