THG Plc (LON:THG) Insider Charles Allen Acquires 542,000 Shares of Stock

THG Plc (LON:THG) insider Charles Allen purchased 542,000 shares of THG stock in a transaction dated Wednesday, October 30th. The stock was bought at an average cost of GBX 46 ($0.60) per share, with a total value of £249,320 ($323,330.31).

THG Stock Performance

Shares of THG opened at GBX 46.74 ($0.61) on Friday. The company has a debt-to-equity ratio of 111.80, a current ratio of 1.25 and a quick ratio of 0.89. The firm’s 50 day moving average is GBX 53.94 and its 200-day moving average is GBX 61.53. THG Plc has a 12-month low of GBX 44.72 ($0.58) and a 12-month high of GBX 89.98 ($1.17). The stock has a market capitalization of £715.12 million, a P/E ratio of -274.94, a P/E/G ratio of -0.08 and a beta of 2.40.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on THG shares. Canaccord Genuity Group dropped their target price on THG from GBX 66 ($0.86) to GBX 53 ($0.69) and set a “hold” rating on the stock in a report on Thursday, September 26th. JPMorgan Chase & Co. boosted their price objective on THG from GBX 48 ($0.62) to GBX 49 ($0.64) and gave the stock an “underweight” rating in a research note on Friday, July 12th.

About THG

THG Plc operates as an e-commerce technology company in the United Kingdom, the United States, Europe, and internationally. The company operates through THG Beauty, THG Nutrition, and THG Ingenuity segments. The THG Beauty segment manufactures and retails skincare, haircare, cosmetics, body care, and fragrance; and operates spa and experience venues, as well as luxury clothing and homeware.