THG Plc (LON:THG - Get Free Report)'s share price rose 17.9% during trading on Wednesday . The stock traded as high as GBX 36.80 ($0.50) and last traded at GBX 36.54 ($0.49). Approximately 15,462,978 shares were traded during mid-day trading, an increase of 116% from the average daily volume of 7,146,688 shares. The stock had previously closed at GBX 31 ($0.42).
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on THG shares. JPMorgan Chase & Co. decreased their target price on THG from GBX 28 to GBX 24 and set an "underweight" rating on the stock in a research report on Tuesday, August 19th. Jefferies Financial Group decreased their target price on THG from GBX 58 to GBX 55 and set a "buy" rating on the stock in a research report on Friday, September 12th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of GBX 44.
Check Out Our Latest Report on THG
THG Stock Performance
The firm has a market capitalization of £468.54 million, a price-to-earnings ratio of -149.25, a P/E/G ratio of -0.08 and a beta of 2.40. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 75.19. The stock has a 50-day moving average price of GBX 30.92 and a 200 day moving average price of GBX 29.74.
THG (LON:THG - Get Free Report) last posted its earnings results on Thursday, September 11th. The company reported GBX (0.05) earnings per share for the quarter. THG had a negative return on equity of 24.45% and a negative net margin of 11.77%. On average, analysts forecast that THG Plc will post -6.7170435 EPS for the current year.
About THG
(
Get Free Report)
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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