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

THG Plc (LON:THG) shares fell 11.2% on Thursday . The company traded as low as GBX 47.76 ($0.60) and last traded at GBX 47.80 ($0.60). 4,923,972 shares changed hands during mid-day 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).

Analysts Set New Price Targets

Several equities analysts have recently issued reports on THG shares. Canaccord Genuity Group lowered their price target on THG from GBX 66 ($0.83) to GBX 53 ($0.67) and set a “hold” rating on the stock in a research report on Thursday, September 26th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of THG in a research note on Thursday, December 5th.

THG Stock Down 7.4 %

The firm has a market capitalization of £677.48 million, a price-to-earnings ratio of -260.47, a PEG ratio of -0.08 and a beta of 2.40. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 111.80. The stock has a fifty day moving average of GBX 45.99 and a 200-day moving average of GBX 56.31.

Insider Activity

In other THG news, insider Damian Sanders purchased 153,061 shares of the stock in a transaction dated Tuesday, October 15th. The shares were acquired at an average price of GBX 49 ($0.62) per share, for a total transaction of £74,999.89 ($94,292.04). Also, insider Charles Allen acquired 542,000 shares of THG 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, with a total value of £249,320 ($313,452.35). 31.60% of the stock is owned by company 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.