THG (LON:THG) Trading Up 14% - Here's Why

THG Plc (LON:THG - Get Free Report)'s stock price was up 14% during trading on Wednesday . The company traded as high as GBX 33.06 ($0.45) and last traded at GBX 32.07 ($0.44). Approximately 12,515,286 shares changed hands during trading, an increase of 53% from the average daily volume of 8,195,782 shares. The stock had previously closed at GBX 28.12 ($0.38).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. decreased their target price on shares of 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.

THG Trading Up 16.0%

The firm has a market cap of £431.52 million, a P/E ratio of -1.84, a P/E/G ratio of -0.08 and a beta of 2.40. The business's 50-day moving average is GBX 26.03 and its two-hundred day moving average is GBX 34.32. The company has a debt-to-equity ratio of 75.19, a current ratio of 1.25 and a quick ratio of 0.89.

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 net margin of 11.77% and a negative return on equity of 24.45%. As a group, analysts predict that THG Plc will post -6.7170435 earnings per share 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.

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