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

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

Analyst Ratings Changes

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

THG Stock Down 0.2%

The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 131.97. The firm has a market capitalization of £547.78 million, a PE ratio of 8.63, a price-to-earnings-growth ratio of -0.08 and a beta of 2.46. The business’s 50-day moving average price is GBX 31.76 and its 200-day moving average price is GBX 32.29.

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.