THG (LON:THG) Trading Down 7.9% - Should You Sell?

THG Plc (LON:THG - Get Free Report) shares dropped 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 daily volume of 8,870,814 shares. The stock had previously closed at GBX 28.26 ($0.38).

Analyst Ratings Changes

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

THG Stock Down 10.7 %

The company has a market capitalization of £334.02 million, a PE ratio of -1.42, a P/E/G 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 debt-to-equity ratio of 75.19, a current ratio of 1.25 and a quick ratio of 0.89.

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.

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.