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

THG Plc (LON:THG)’s stock price dropped 11.2% during mid-day trading on Wednesday . 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 traded hands during mid-day 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 Upgrades and Downgrades

THG has been the subject of several analyst reports. Canaccord Genuity Group decreased their price target on shares of THG from GBX 66 ($0.83) to GBX 53 ($0.67) and set a “hold” rating for the company in a research report on Thursday, September 26th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of THG in a report on Thursday, December 5th.

THG Stock Up 1.6 %

The company’s 50-day moving average is GBX 45.78 and its 200 day moving average is GBX 56.06. The stock has a market capitalization of £682.38 million, a PE ratio of -262.35, a price-to-earnings-growth 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.

Insider Activity

In other THG news, insider Damian Sanders purchased 153,061 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The shares were bought at an average price of GBX 49 ($0.62) per share, for a total transaction of £74,999.89 ($94,256.49). Also, insider Charles Allen bought 542,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The shares were acquired at an average price of GBX 46 ($0.58) per share, with a total value of £249,320 ($313,334.17). Corporate 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.