THG (LON:THG) Trading Up 1.5% – Time to Buy?

THG Plc (LON:THG) shares traded up 1.5% on Monday . The stock traded as high as GBX 36.82 and last traded at GBX 36.82. 4,704,481 shares were traded during mid-day trading, a decline of 53% from the average session volume of 10,009,892 shares. The stock had previously closed at GBX 36.26.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of THG in a research note on Monday, January 19th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, THG currently has an average rating of “Moderate Buy” and a consensus target price of GBX 55.

THG Trading Up 1.5%

The firm has a market cap of £573.55 million, a P/E ratio of -3.68, a P/E/G ratio of -0.08 and a beta of 2.40. The business’s 50-day moving average is GBX 43.22 and its two-hundred day moving average is GBX 39.36. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 75.19.

Insider Activity at THG

In related news, insider Matthew Moulding purchased 209,086,400 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were acquired at an average cost of GBX 32 per share, for a total transaction of £66,907,648. Company insiders own 21.34% of the company’s stock.

About THG

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.