THG (LON:THG) Sets New 1-Year Low at $55.10

THG Plc (LON:THG) shares reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 55.10 ($0.73) and last traded at GBX 55.70 ($0.74), with a volume of 10854658 shares changing hands. The stock had previously closed at GBX 56.30 ($0.74).

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. increased their target price on THG from GBX 48 ($0.63) to GBX 49 ($0.65) and gave the stock an “underweight” rating in a research report on Friday, July 12th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 105 ($1.39) target price on shares of THG in a research report on Monday, June 24th.

THG Price Performance

The company has a 50-day moving average of GBX 62.37 and a two-hundred day moving average of GBX 64.19. The stock has a market capitalization of £712.22 million, a PE ratio of -296.32, a P/E/G ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 97.39, a current ratio of 1.30 and a quick ratio of 0.89.

THG Company Profile

THG Plc operates as an e-commerce technology company in the United Kingdom, the United States, Europe, and internationally. The company operates pure-play sites, such as Lookfantastic, Cult Beauty, and Dermstore that offers approximately 1,300 premium brands across the skincare, haircare, cosmetics, and fragrance categories; Myprotein, a direct-to-consumer sports nutrition provider that offers products across various categories, including vegan alternatives, health snacks, vitamins and athleisure; and THG Ingenuity, an end-to-end platform that powers digital experience and retail for FMCG, beauty, and retail brands.