THG (LON:THG) Sets New 52-Week Low at $547.90

THG Plc (LON:THG) reached a new 52-week low on Friday . The company traded as low as GBX 547.90 ($7.16) and last traded at GBX 549.50 ($7.18), with a volume of 502354 shares. The stock had previously closed at GBX 567 ($7.41).

A number of research firms have weighed in on THG. Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 715 ($9.34) target price on shares of THG in a research note on Monday, September 20th. Barclays boosted their target price on shares of THG from GBX 890 ($11.63) to GBX 900 ($11.76) and gave the stock an “overweight” rating in a research note on Thursday, August 5th. Morgan Stanley decreased their target price on shares of THG from GBX 910 ($11.89) to GBX 860 ($11.24) and set an “overweight” rating on the stock in a research note on Wednesday, June 30th. Finally, JPMorgan Chase & Co. boosted their target price on shares of THG from GBX 624 ($8.15) to GBX 708 ($9.25) and gave the stock an “overweight” rating in a research note on Monday, July 26th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 814.60 ($10.64).

The company has a quick ratio of 1.90, a current ratio of 2.51 and a debt-to-equity ratio of 46.61. The company has a market cap of £6.69 billion and a P/E ratio of -11.08. The firm’s 50 day moving average is GBX 603.42 and its two-hundred day moving average is GBX 620.01.

In related news, insider Zillah Byng- Thorne sold 237,780 shares of the business’s stock in a transaction on Wednesday, August 11th. The shares were sold at an average price of GBX 587 ($7.67), for a total value of £1,395,768.60 ($1,823,580.61). Also, insider Damian Sanders bought 5,217 shares of the company’s stock in a transaction that occurred on Monday, September 20th. The stock was purchased at an average price of GBX 560 ($7.32) per share, for a total transaction of £29,215.20 ($38,169.85).

THG Company Profile (LON:THG)

THG Holdings plc operates as an online retailer and technology company in the United Kingdom, Europe, and internationally. The company provides an end-to-end direct-to-consumer e-commerce solution for consumer brand owners under Software as a Service licenses. It is also involved in the manufacture and online retail of nutrition and wellbeing products; manufacture, ownership, and retailing of skincare, haircare, and cosmetics products.

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