THG (LON:THG) Sets New 52-Week Low – Time to Sell?

THG Plc (LON:THG) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 41.08 ($0.53) and last traded at GBX 41.20 ($0.53), with a volume of 2787712 shares changing hands. The stock had previously closed at GBX 42.50 ($0.55).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group decreased their target price on THG from GBX 66 ($0.85) to GBX 53 ($0.68) and set a “hold” rating for the company in a research report on Thursday, September 26th.

THG Price Performance

The stock has a market capitalization of £659.12 million, a PE ratio of -255.71, a P/E/G ratio of -0.08 and a beta of 2.40. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 111.80. The stock’s 50-day moving average is GBX 51.13 and its 200 day moving average is GBX 60.41.

Insider Activity

In other news, insider Charles Allen acquired 542,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The shares were purchased at an average price of GBX 46 ($0.59) per share, for a total transaction of £249,320 ($320,833.87). Also, insider Damian Sanders bought 153,061 shares of THG stock in a transaction on Tuesday, October 15th. The stock was acquired at an average price of GBX 49 ($0.63) per share, with a total value of £74,999.89 ($96,512.53). 31.60% of the stock is currently owned by corporate insiders.

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.