THG (LON:THG) Trading Up 12.8% - Time to Buy?

THG Plc (LON:THG - Get Free Report)'s stock price rose 12.8% on Wednesday . The company traded as high as GBX 33.06 ($0.45) and last traded at GBX 31.72 ($0.44). Approximately 16,466,682 shares were traded during trading, an increase of 100% from the average daily volume of 8,228,438 shares. The stock had previously closed at GBX 28.12 ($0.39).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut their target price on THG from GBX 49 ($0.67) to GBX 45 ($0.62) and set an "underweight" rating on the stock in a report on Tuesday, March 25th.

THG Stock Performance

The company's 50 day simple moving average is GBX 26.34 and its 200 day simple moving average is GBX 34.11. 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 market cap of £449.94 million, a PE ratio of -1.91, a price-to-earnings-growth 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) (($0.18)) earnings per share (EPS) for the quarter. THG had a negative net margin of 11.77% and a negative return on equity of 24.45%. 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.