The Beauty Tech Group (LON:TBTG) Shares Down 0.9% – Should You Sell?

Shares of The Beauty Tech Group (LON:TBTG) were down 0.9% during trading on Monday . The company traded as low as GBX 335 and last traded at GBX 337. Approximately 294,624 shares traded hands during mid-day trading, an increase of 20% from the average session volume of 245,869 shares. The stock had previously closed at GBX 340.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 500 target price on shares of The Beauty Tech Group in a report on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, The Beauty Tech Group currently has an average rating of “Buy” and an average target price of GBX 500.

The Beauty Tech Group Trading Down 0.9%

The firm has a 50-day moving average of GBX 330.50 and a 200 day moving average of GBX 304.72. The stock has a market capitalization of £357.90 million and a price-to-earnings ratio of 30.64.

The Beauty Tech Group (LON:TBTG) last released its quarterly earnings results on Thursday, April 16th. The beauty technology company reported GBX 11 earnings per share (EPS) for the quarter. The business had revenue of £140.96 million during the quarter.

The Beauty Tech Group Company Profile

The Beauty Tech Group is a UK-headquartered beauty technology company focused on developing, marketing and selling clinically backed at-home beauty devices and related skincare products. The group operates a portfolio of category-leading brands, including CurrentBody Skin, ZIIP Beauty and Tria Laser, and offers products built around core aesthetic technologies used in professional settings, including LED light therapy, radio frequency, microcurrent and laser treatments.