THG (LON:THG) Sets New 1-Year Low – What’s Next?

THG Plc (LON:THG)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 40.38 ($0.51) and last traded at GBX 40.60 ($0.51), with a volume of 504318 shares. The stock had previously closed at GBX 41.04 ($0.52).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reduced their price objective on shares of THG from GBX 66 ($0.84) to GBX 53 ($0.67) and set a “hold” rating on the stock in a research note on Thursday, September 26th.

THG Price Performance

The firm has a market capitalization of £607.41 million, a P/E ratio of -234.71, a PEG ratio of -0.08 and a beta of 2.40. The company has a fifty day moving average of GBX 49.31 and a 200 day moving average of GBX 59.64. The company has a debt-to-equity ratio of 111.80, a current ratio of 1.25 and a quick ratio of 0.89.

Insider Transactions at THG

In other THG news, insider Damian Sanders bought 153,061 shares of the stock in a transaction on Tuesday, October 15th. The stock was acquired at an average cost of GBX 49 ($0.62) per share, for a total transaction of £74,999.89 ($94,900.53). Also, insider Charles Allen bought 542,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The shares were bought at an average price of GBX 46 ($0.58) per share, for a total transaction of £249,320 ($315,475.14). 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.