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THG (LON:THG) Trading 12.8% Higher - Should You Buy?

THG logo with Consumer Cyclical background

THG Plc (LON:THG - Get Free Report)'s stock price shot up 12.8% during mid-day 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 were traded during mid-day 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. cut their price objective on THG from GBX 49 ($0.67) to GBX 45 ($0.61) and set an "underweight" rating for the company in a research report on Tuesday, March 25th.

Read Our Latest Stock Analysis on THG

THG Trading Up 12.8%

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

THG (LON:THG - Get Free Report) last posted its earnings results 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%. On average, equities analysts anticipate that THG Plc will post -6.7170435 EPS for the current fiscal year.

THG Company Profile

(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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