THG (LON:THG) Shares Down 7.6% – What’s Next?

Shares of THG Plc (LON:THG) fell 7.6% on Monday . The company traded as low as GBX 33.50 ($0.43) and last traded at GBX 34 ($0.44). 10,864,285 shares were traded during trading, an increase of 23% from the average session volume of 8,831,288 shares. The stock had previously closed at GBX 36.78 ($0.48).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated an “underweight” rating on shares of THG in a research report on Thursday, December 5th.

THG Stock Down 7.6 %

The stock’s 50-day moving average price is GBX 37.68 and its two-hundred day moving average price is GBX 44.56. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 75.19. The stock has a market capitalization of £449.94 million, a P/E ratio of -1.91, a P/E/G ratio of -0.08 and a beta of 2.40.

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.