THG (LON:THG) Trading Down 0.2% – What’s Next?

THG Plc (LON:THG) fell 0.2% on Tuesday . The company traded as low as GBX 33.32 and last traded at GBX 34.52. 2,776,429 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 10,724,072 shares. The stock had previously closed at GBX 34.58.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 60 price objective on shares of THG in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 57.50.

THG Trading Down 0.2%

The company has a 50 day moving average of GBX 31.76 and a 200 day moving average of GBX 32.29. The firm has a market cap of £547.78 million, a P/E ratio of 8.63, a PEG ratio of -0.08 and a beta of 2.46. The company has a debt-to-equity ratio of 131.97, a quick ratio of 0.89 and a current ratio of 0.92.

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.