THG (LON:THG) Stock Price Down 0.5% – Time to Sell?

THG Plc (LON:THG) shares fell 0.5% during trading on Thursday. The stock traded as low as GBX 25.60 and last traded at GBX 26.04. Approximately 4,735,713 shares traded hands during trading, a decline of 62% from the average daily volume of 12,405,991 shares. The stock had previously closed at GBX 26.16.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 60 target price on shares of THG in a report on Monday, August 10th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, THG has a consensus rating of “Moderate Buy” and a consensus target price of GBX 57.50.

THG Trading Down 0.5%

The company has a market capitalization of £413.22 million, a PE ratio of 6.51, a price-to-earnings-growth ratio of -0.08 and a beta of 2.47. The company has a debt-to-equity ratio of 145.47, a current ratio of 0.89 and a quick ratio of 0.89. The company’s fifty day moving average is GBX 30.81 and its 200-day moving average is GBX 31.46.

THG (LON:THG) last posted its earnings results on Thursday, September 10th. The company reported GBX (3) earnings per share for the quarter. THG had a negative return on equity of 16.03% and a negative net margin of 3.73%. On average, analysts anticipate that THG Plc will post -6.7170435 EPS for the current fiscal year.

THG Company Profile

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.