THG Plc (LON:THG) Insider Charles Allen Acquires 542,000 Shares

THG Plc (LON:THG) insider Charles Allen purchased 542,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The shares were purchased at an average cost of GBX 46 ($0.60) per share, with a total value of £249,320 ($323,330.31).

THG Trading Up 1.2 %

LON:THG opened at GBX 47.02 ($0.61) on Thursday. THG Plc has a 52-week low of GBX 44.72 ($0.58) and a 52-week high of GBX 89.98 ($1.17). The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 111.80. The stock has a fifty day simple moving average of GBX 54.22 and a 200-day simple moving average of GBX 61.64. The company has a market capitalization of £719.41 million, a PE ratio of -273.29, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40.

Analyst Upgrades and Downgrades

THG has been the subject of several research analyst reports. JPMorgan Chase & Co. increased their price objective on THG from GBX 48 ($0.62) to GBX 49 ($0.64) and gave the stock an “underweight” rating in a research report on Friday, July 12th. Canaccord Genuity Group reduced their price objective on shares of THG from GBX 66 ($0.86) to GBX 53 ($0.69) and set a “hold” rating for the company in a research note on Thursday, September 26th.

THG Company Profile

THG Plc operates as an e-commerce technology company in the United Kingdom, the United States, Europe, and internationally. The company operates through THG Beauty, THG Nutrition, and THG Ingenuity segments. The THG Beauty segment manufactures and retails skincare, haircare, cosmetics, body care, and fragrance; and operates spa and experience venues, as well as luxury clothing and homeware.