THG Plc (LON:THG – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 46.56 ($0.60) and last traded at GBX 47 ($0.61), with a volume of 485396 shares changing hands. The stock had previously closed at GBX 47 ($0.61).
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on THG shares. Canaccord Genuity Group dropped their target price on THG from GBX 66 ($0.86) to GBX 53 ($0.69) and set a “hold” rating on the stock in a research report on Thursday, September 26th. JPMorgan Chase & Co. increased their target price on THG from GBX 48 ($0.62) to GBX 49 ($0.64) and gave the company an “underweight” rating in a research note on Friday, July 12th.
Check Out Our Latest Report on THG
THG Stock Performance
Insider Activity
In related news, insider Damian Sanders acquired 153,061 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The shares were acquired at an average cost of GBX 49 ($0.64) per share, with a total value of £74,999.89 ($97,377.16). 33.92% of the stock is owned by corporate insiders.
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 through THG Beauty, THG Nutrition, and THG Ingenuity segments. The THG Beauty segment manufactures and retails skincare, haircare, cosmetics, body care, and fragrance; and operates spa and experience venues, as well as luxury clothing and homeware.
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