THG (LON:THG) Reaches New 52-Week Low – Should You Sell?

THG Plc (LON:THG) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 33.88 ($0.41) and last traded at GBX 39.85 ($0.49), with a volume of 2165286 shares traded. The stock had previously closed at GBX 39.88 ($0.49).

Analyst Ratings Changes

Several research analysts recently commented on the stock. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of THG in a research note on Thursday, December 5th. Canaccord Genuity Group cut their price target on shares of THG from GBX 66 ($0.81) to GBX 53 ($0.65) and set a “hold” rating on the stock in a research note on Thursday, September 26th.

THG Price Performance

The company has a debt-to-equity ratio of 111.80, a quick ratio of 0.89 and a current ratio of 1.25. The firm has a market cap of £612 million, a price-to-earnings ratio of -235.29, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The stock’s 50 day simple moving average is GBX 44.75 and its 200-day simple moving average is GBX 53.16.

Insider Transactions at THG

In related news, insider Charles Allen bought 542,000 shares of the stock in a transaction dated Wednesday, October 30th. The shares were purchased at an average price of GBX 46 ($0.56) per share, for a total transaction of £249,320 ($305,053.22). Company insiders own 31.60% of the company’s stock.

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.