THG (LON:THG) Shares Up 3.8% – What’s Next?

THG Plc (LON:THG)’s stock price rose 3.8% during mid-day trading on Thursday . The company traded as high as GBX 33.96 ($0.46) and last traded at GBX 33 ($0.44). Approximately 5,836,085 shares changed hands during trading, a decline of 25% from the average daily volume of 7,785,476 shares. The stock had previously closed at GBX 31.78 ($0.43).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. dropped their price target on THG from GBX 49 ($0.66) to GBX 45 ($0.60) and set an “underweight” rating for the company in a report on Tuesday, March 25th.

THG Stock Up 3.8%

The company has a debt-to-equity ratio of 75.19, a current ratio of 1.25 and a quick ratio of 0.89. The stock has a 50 day moving average price of GBX 27.91 and a 200-day moving average price of GBX 32.57. The stock has a market capitalization of £436.71 million, a P/E ratio of -1.86, a PEG ratio of -0.08 and a beta of 2.40.

THG (LON:THG) last announced its quarterly earnings results on Wednesday, April 30th. The company reported GBX (13) (($0.17)) earnings per share for the quarter. THG had a negative net margin of 11.77% and a negative return on equity of 24.45%. As a group, research analysts expect that THG Plc will post -6.7170435 EPS for the current fiscal year.

About THG

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.