THG (LON:THG) Shares Down 0.5% – Time to Sell?

THG Plc (LON:THG) traded down 0.5% during trading on Thursday. The stock traded as low as GBX 25.60 and last traded at GBX 26.04. 4,735,713 shares were traded during trading, a decline of 62% from the average session volume of 12,405,991 shares. The stock had previously closed at GBX 26.16.

Wall Street Analysts Forecast Growth

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

THG Trading Down 0.5%

The company has a 50 day moving average of GBX 30.81 and a two-hundred day moving average of GBX 31.46. The stock has a market capitalization of £413.22 million, a PE ratio of 6.51, a P/E/G ratio of -0.08 and a beta of 2.47. The company has a debt-to-equity ratio of 145.47, a quick ratio of 0.89 and a current ratio of 0.89.

THG (LON:THG) last released its quarterly earnings results on Thursday, September 10th. The company reported GBX (3) EPS for the quarter. THG had a negative net margin of 3.73% and a negative return on equity of 16.03%. Sell-side analysts predict that THG Plc will post -6.7170435 EPS for the current year.

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.