Shares of THG Plc (LON:THG - Get Free Report) rose 12.8% during trading 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 traded hands 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. dropped their price target on shares of THG from GBX 49 ($0.67) to GBX 45 ($0.62) and set an "underweight" rating on the stock in a research note on Tuesday, March 25th.
Check Out Our Latest Stock Analysis on THG
THG Trading Up 7.2%
The company has a market cap of £449.94 million, a P/E ratio of -1.91, a PEG ratio of -0.08 and a beta of 2.40. The stock's 50 day moving average is GBX 26.22 and its 200-day moving average is GBX 34.21. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 75.19.
THG (LON:THG - Get Free Report) last announced 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%. Research analysts anticipate that THG Plc will post -6.7170435 earnings per share for the current fiscal year.
THG Company Profile
(
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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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