THG (LON:THG) Stock Price Down 10.7% - Should You Sell?

THG Plc (LON:THG - Get Free Report)'s share price was down 10.7% on Wednesday . The company 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 ($0.37).

Wall Street Analysts Forecast Growth

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

THG Stock Performance

The stock's 50-day moving average price is GBX 31.55 and its 200-day moving average price is GBX 39.27. The company has a market capitalization of £330.84 million, a price-to-earnings ratio of -1.41, a P/E/G ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 75.19, a quick ratio of 0.89 and a current ratio of 1.25.

THG (LON:THG - Get Free Report) last released 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%. As a group, equities research analysts expect that THG Plc will post -6.7170435 earnings per share for the current 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.