THG (LON:THG) Stock Price Up 1.8% – Here’s What Happened

THG Plc (LON:THGGet Free Report)’s share price was up 1.8% during mid-day trading on Friday . The company traded as high as GBX 45.60 and last traded at GBX 45.16. Approximately 2,033,831 shares traded hands during trading, a decline of 72% from the average daily volume of 7,270,063 shares. The stock had previously closed at GBX 44.34.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. restated a “neutral” rating on shares of THG in a research note on Thursday, October 23rd. Jefferies Financial Group lowered their target price on THG from GBX 58 to GBX 55 and set a “buy” rating on the stock in a research report on Friday, September 12th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 39.50.

View Our Latest Stock Report on THG

THG Price Performance

The business has a 50-day simple moving average of GBX 42.51 and a two-hundred day simple moving average of GBX 33.98. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 75.19. The stock has a market capitalization of £590.71 million, a price-to-earnings ratio of -4.52, a P/E/G ratio of -0.08 and a beta of 2.40.

THG (LON:THGGet Free Report) last posted its quarterly earnings data on Thursday, September 11th. The company reported GBX (0.05) EPS for the quarter. THG had a negative return on equity of 24.45% and a negative net margin of 11.77%. As a group, research analysts predict that THG Plc will post -6.7170435 earnings per share for the current fiscal year.

About THG

(Get Free Report)

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.

Further Reading

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