JPMorgan Chase & Co. Reiterates “Neutral” Rating for THG (LON:THG)

THG (LON:THG)‘s stock had its “neutral” rating reissued by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Monday, Marketbeat reports.

THG Stock Down 2.3%

Shares of LON:THG opened at GBX 40.76 on Monday. The company has a debt-to-equity ratio of 75.19, a current ratio of 1.25 and a quick ratio of 0.89. The stock has a market cap of £618.38 million, a P/E ratio of -4.08, a P/E/G ratio of -0.08 and a beta of 2.40. THG has a 1-year low of GBX 22.90 and a 1-year high of GBX 52.55. The firm has a fifty day moving average price of GBX 44.58 and a 200 day moving average price of GBX 38.68.

Insider Activity

In related news, insider Matthew Moulding purchased 209,086,400 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The shares were purchased at an average price of GBX 32 per share, for a total transaction of £66,907,648. 9.54% of the stock is currently owned by corporate insiders.

About THG

THG (www.thg.com) is a global innovator revolutionising how brands connect to a worldwide consumer base. We are transforming how consumer brands go to market in the digital age.

We have built a portfolio of leading digital beauty, health, wellness, and sports nutrition brands that are capitalising on the global growth opportunities, supported by the accelerating consumer shift to the e-commerce channel.

THG is home to three key divisions: Beauty, Nutrition, and Ingenuity. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.

THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.