THG (LON:THG) Trading Down 7.9% - Here's Why

THG Plc (LON:THG - Get Free Report) traded down 7.9% during mid-day trading on Tuesday . The stock traded as low as GBX 25.25 ($0.34) and last traded at GBX 26.02 ($0.35). 11,813,431 shares traded hands during trading, an increase of 33% from the average session volume of 8,870,814 shares. The stock had previously closed at GBX 28.26 ($0.38).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. decreased their price target on shares of THG from GBX 49 ($0.65) to GBX 45 ($0.60) and set an "underweight" rating on the stock in a research report on Tuesday, March 25th.

THG Trading Up 1.2 %

The stock has a 50-day moving average price of GBX 31.55 and a two-hundred day moving average price of GBX 39.20. The stock has a market capitalization of £330.84 million, a PE ratio of -1.41, a PEG ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 75.19, a quick ratio of 0.89 and a current ratio of 1.25.

THG (LON:THG - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported GBX (13) (($0.17)) earnings per share 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 forecast that THG Plc will post -6.7170435 earnings per share for the current year.

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.