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THG (LON:THG) Shares Up 12.8% - What's Next?

THG logo with Consumer Cyclical background

THG Plc (LON:THG - Get Free Report)'s stock price traded up 12.8% during trading 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 changed 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 Analysts Forecast Growth

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

View Our Latest Report on THG

THG Trading Up 12.8%

The stock has a 50-day moving average of GBX 26.03 and a 200 day moving average of GBX 34.32. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 75.19. The stock has a market cap of £419.77 million, a PE ratio of -1.79, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40.

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

About THG

(Get Free Report)

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.

Further Reading

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.

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