Insider Buying: THG (LON:THG) Insider Buys £66,907,648 in Stock

THG Plc (LON:THGGet Free Report) insider Matthew Moulding bought 209,086,400 shares of the stock in a transaction dated Monday, December 8th. The stock was purchased at an average cost of GBX 32 per share, with a total value of £66,907,648.

THG Trading Down 0.3%

Shares of THG opened at GBX 45 on Friday. The stock’s fifty day simple moving average is GBX 43.88 and its 200-day simple moving average is GBX 35.11. The firm has a market capitalization of £588.61 million, a PE ratio of -4.50, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. THG Plc has a 12-month low of GBX 22.90 and a 12-month high of GBX 55. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 75.19.

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

Analyst Upgrades and Downgrades

THG has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on THG from GBX 43 to GBX 55 and gave the company a “neutral” rating in a research note on Wednesday, December 3rd. Jefferies Financial Group decreased their price target on THG from GBX 58 to GBX 55 and set a “buy” rating for the company in a research note on Friday, September 12th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, THG currently has an average rating of “Moderate Buy” and a consensus price target of GBX 55.

Get Our Latest Stock Analysis on THG

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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