THG (LON:THG) Shares Up 12.8% - Should You Buy?

THG Plc (LON:THG - Get Free Report) traded up 12.8% on Wednesday . The stock traded as high as GBX 33.06 ($0.45) and last traded at GBX 31.72 ($0.43). 16,466,682 shares traded hands during trading, an increase of 100% from the average session volume of 8,228,438 shares. The stock had previously closed at GBX 28.12 ($0.38).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. decreased their price target on shares of THG from GBX 49 ($0.67) to GBX 45 ($0.61) and set an "underweight" rating for the company in a report on Tuesday, March 25th.

THG Price Performance

The company has a market cap of £419.77 million, a P/E ratio of -1.79, 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. The stock has a 50-day simple moving average of GBX 26.09 and a 200 day simple moving average of GBX 34.30.

THG (LON:THG - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported GBX (13) (($0.18)) earnings per share (EPS) for the quarter. THG had a negative return on equity of 24.45% and a negative net margin of 11.77%. On average, equities analysts expect that THG Plc will post -6.7170435 EPS for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.