THG (LON:THG) Shares Down 0.2% – Should You Sell?

THG Plc (LON:THG)’s share price dropped 0.2% on Tuesday . The company traded as low as GBX 33.32 and last traded at GBX 34.52. 2,776,429 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 10,724,072 shares. The stock had previously closed at GBX 34.58.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 60 target price on shares of THG in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 57.50.

THG Trading Down 1.9%

The stock has a market capitalization of £527.79 million, a P/E ratio of 8.31, a PEG ratio of -0.08 and a beta of 2.46. The stock’s fifty day moving average price is GBX 31.83 and its 200 day moving average price is GBX 32.28. The company has a debt-to-equity ratio of 131.97, a current ratio of 0.92 and a quick ratio of 0.89.

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. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.

THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.