THG (LON:THG) Shares Up 11.1% - Should You Buy?

THG Plc (LON:THG - Get Free Report)'s share price traded up 11.1% during mid-day trading on Wednesday . The company traded as high as GBX 31.40 ($0.43) and last traded at GBX 31.24 ($0.43). 5,273,952 shares changed hands during trading, a decline of 35% from the average session volume of 8,135,937 shares. The stock had previously closed at GBX 28.12 ($0.39).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reduced their price objective 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 report on Tuesday, March 25th.

THG Price Performance

The stock's 50-day moving average price is GBX 26.34 and its two-hundred day moving average price is GBX 33.99. The stock has a market capitalization of £449.94 million, a PE ratio of -1.91, a P/E/G 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 released its earnings results on Wednesday, April 30th. The company reported GBX (13) (($0.18)) 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, analysts expect that THG Plc will post -6.7170435 EPS for the current fiscal year.

THG Company Profile

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.