THG (LON:THG) Shares Down 11.2% – Should You Sell?

THG Plc (LON:THG)’s share price was down 11.2% on Thursday . The company traded as low as GBX 47.76 ($0.60) and last traded at GBX 47.80 ($0.60). Approximately 4,923,972 shares changed hands during trading, an increase of 39% from the average daily volume of 3,545,230 shares. The stock had previously closed at GBX 53.80 ($0.68).

Analyst Ratings Changes

THG has been the topic of several recent research reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of THG in a research report on Thursday, December 5th. Canaccord Genuity Group dropped their price objective 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.

THG Price Performance

The company has a market cap of £682.38 million, a PE ratio of -262.35, a PEG ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 111.80, a current ratio of 1.25 and a quick ratio of 0.89. The stock’s 50-day moving average is GBX 45.78 and its 200 day moving average is GBX 56.06.

Insider Transactions at THG

In related news, insider Charles Allen bought 542,000 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was bought at an average cost of GBX 46 ($0.58) per share, for a total transaction of £249,320 ($313,334.17). Also, insider Damian Sanders bought 153,061 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were bought at an average cost of GBX 49 ($0.62) per share, for a total transaction of £74,999.89 ($94,256.49). Insiders own 31.60% of the company’s stock.

About THG

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.