The Beauty Tech Group (LON:TBTG) Stock Price Down 0.9% – Time to Sell?

The Beauty Tech Group (LON:TBTG)’s stock price was down 0.9% during mid-day trading on Monday . The company traded as low as GBX 335 and last traded at GBX 337. 294,624 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 245,869 shares. The stock had previously closed at GBX 340.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 500 target price on shares of The Beauty Tech Group in a research note on Friday, May 15th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 500.

The Beauty Tech Group Stock Down 2.1%

The firm has a market capitalization of £350.46 million and a P/E ratio of 30.00. The company’s 50 day moving average is GBX 331.14 and its 200-day moving average is GBX 305.16.

The Beauty Tech Group (LON:TBTG) last posted its quarterly earnings results on Thursday, April 16th. The beauty technology company reported GBX 11 EPS for the quarter. The company had revenue of £140.96 million during the quarter.

About The Beauty Tech Group

The Beauty Tech Group is a UK-headquartered beauty technology company focused on developing, marketing and selling clinically backed at-home beauty devices and related skincare products. The group operates a portfolio of category-leading brands, including CurrentBody Skin, ZIIP Beauty and Tria Laser, and offers products built around core aesthetic technologies used in professional settings, including LED light therapy, radio frequency, microcurrent and laser treatments.