THG (LON:THG) Stock Price Down 11.2% – Should You Sell?

THG Plc (LON:THG)’s stock price traded down 11.2% during trading on Wednesday . The stock 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).

Analyst Ratings Changes

Several analysts have issued reports on the stock. JPMorgan Chase & Co. restated an “underweight” rating on shares of THG in a research report on Thursday, December 5th. Canaccord Genuity Group reduced their target price 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 Stock Performance

The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 111.80. The firm has a 50-day moving average of GBX 45.84 and a 200 day moving average of GBX 56.23. The stock has a market capitalization of £682.38 million, a P/E ratio of -262.35, a PEG ratio of -0.08 and a beta of 2.40.

Insider Transactions at THG

In related news, insider Damian Sanders purchased 153,061 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The shares were acquired at an average price of GBX 49 ($0.62) per share, with a total value of £74,999.89 ($94,256.49). Also, insider Charles Allen purchased 542,000 shares of the stock in a transaction on Wednesday, October 30th. The stock was bought at an average price of GBX 46 ($0.58) per share, for a total transaction of £249,320 ($313,334.17). 31.60% of the stock is owned by 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.