THG (LON:THG) Trading Down 10.7% - Here's Why

THG Plc (LON:THG - Get Free Report) shares were down 10.7% during trading on Wednesday . The stock traded as low as GBX 25.24 ($0.33) and last traded at GBX 25.24 ($0.33). Approximately 14,407,595 shares were traded during mid-day trading, an increase of 62% from the average daily volume of 8,902,450 shares. The stock had previously closed at GBX 28.26 ($0.38).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reduced their target price on shares of THG from GBX 49 ($0.65) to GBX 45 ($0.60) and set an "underweight" rating for the company in a research note on Tuesday, March 25th.

THG Price Performance

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 company has a 50 day simple moving average of GBX 31.55 and a 200 day simple moving average of GBX 39.14. The stock has a market cap of £330.84 million, a P/E ratio of -1.41, a PEG ratio of -0.08 and a beta of 2.40.

THG (LON:THG - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported GBX (13) (($0.17)) EPS for the quarter. THG had a negative return on equity of 24.45% and a negative net margin of 11.77%. Sell-side analysts forecast that THG Plc will post -6.7170435 earnings per share for the current fiscal year.

About THG

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.