THG (LON:THG) Trading Down 10.7% - Here's What Happened

THG Plc (LON:THG - Get Free Report) shares fell 10.7% during mid-day trading on Tuesday . The company traded as low as GBX 25.24 ($0.34) and last traded at GBX 25.24 ($0.34). 14,407,595 shares were traded during trading, an increase of 62% from the average session volume of 8,902,450 shares. The stock had previously closed at GBX 28.26 ($0.38).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lowered their price target on shares of THG from GBX 49 ($0.66) to GBX 45 ($0.60) and set an "underweight" rating on the stock in a research report on Tuesday, March 25th.

THG Trading Down 10.7 %

The firm has a market cap of £334.02 million, a price-to-earnings ratio of -1.42, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The business has a 50 day moving average of GBX 32.46 and a 200 day moving average of GBX 39.77. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 75.19.

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.

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