THG Plc (LON:THG - Get Free Report) shot up 17.9% during trading on Wednesday . The stock traded as high as GBX 36.80 ($0.50) and last traded at GBX 36.54 ($0.50). 15,462,978 shares were traded during mid-day trading, an increase of 116% from the average session volume of 7,146,688 shares. The stock had previously closed at GBX 31 ($0.42).
Wall Street Analyst Weigh In
THG has been the topic of a number of recent analyst reports. Jefferies Financial Group dropped their target price on shares of THG from GBX 58 to GBX 55 and set a "buy" rating on the stock in a research report on Friday, September 12th. JPMorgan Chase & Co. lowered their price objective on shares of THG from GBX 28 to GBX 24 and set an "underweight" rating for the company in a research report on Tuesday, August 19th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of GBX 44.
Check Out Our Latest Analysis on THG
THG Stock Up 17.9%
The firm has a 50 day moving average price of GBX 30.69 and a 200-day moving average price of GBX 29.72. The firm has a market cap of £477.95 million, a price-to-earnings ratio of -152.25, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 75.19, a current ratio of 1.25 and a quick ratio of 0.89.
THG (LON:THG - Get Free Report) last announced its quarterly earnings results on Thursday, September 11th. The company reported GBX (0.05) 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%. As a group, equities analysts predict that THG Plc will post -6.7170435 EPS for the current fiscal 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.
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