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

THG Plc (LON:THG)’s stock price fell 11.2% during trading on Wednesday . The company traded as low as GBX 47.76 ($0.60) and last traded at GBX 47.80 ($0.60). 4,923,972 shares traded hands during 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).

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of THG in a research note on Thursday, December 5th. 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 note on Thursday, September 26th.

THG Price Performance

The stock has a market cap of £731.34 million, a price-to-earnings ratio of -281.18, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 111.80, a quick ratio of 0.89 and a current ratio of 1.25. The company has a 50-day simple moving average of GBX 46.10 and a two-hundred day simple moving average of GBX 56.37.

Insider Buying and Selling

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

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.