THG (LON:THG) Trading Down 0.1% – Time to Sell?

THG Plc (LON:THG)’s stock price fell 0.1% during trading on Tuesday . The stock traded as low as GBX 31.30 and last traded at GBX 31.60. 3,908,780 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 11,084,994 shares. The stock had previously closed at GBX 31.64.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 60 price objective on shares of THG in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, THG currently has an average rating of “Moderate Buy” and a consensus target price of GBX 57.50.

THG Price Performance

The company has a market cap of £501.45 million, a P/E ratio of 7.90, a P/E/G ratio of -0.08 and a beta of 2.43. The company has a debt-to-equity ratio of 131.97, a quick ratio of 0.89 and a current ratio of 0.92. The firm’s fifty day moving average is GBX 32.68 and its two-hundred day moving average is GBX 37.05.

THG (LON:THG) last issued its earnings results on Thursday, March 26th. The company reported GBX (0.04) earnings per share for the quarter. THG had a return on equity of 12.75% and a net margin of 3.15%. As a group, analysts anticipate that THG Plc will post -6.7170435 earnings per share for the current fiscal year.

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.