Insider Buying: THG Plc (LON:THG) Insider Acquires 542,000 Shares of Stock

THG Plc (LON:THG) insider Charles Allen purchased 542,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The stock was bought at an average price of GBX 46 ($0.60) per share, with a total value of £249,320 ($323,330.31).

THG Stock Up 0.6 %

Shares of THG stock opened at GBX 46.74 ($0.61) on Friday. THG Plc has a 1 year low of GBX 44.72 ($0.58) and a 1 year high of GBX 89.98 ($1.17). The company has a market cap of £715.12 million, a P/E ratio of -274.94, a P/E/G ratio of -0.08 and a beta of 2.40. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 111.80. The stock has a 50-day moving average price of GBX 53.94 and a 200 day moving average price of GBX 61.53.

Analysts Set New Price Targets

Several research analysts have commented on the stock. JPMorgan Chase & Co. raised their target price on shares of THG from GBX 48 ($0.62) to GBX 49 ($0.64) and gave the stock an “underweight” rating in a report on Friday, July 12th. Canaccord Genuity Group reduced their price target on shares of THG from GBX 66 ($0.86) to GBX 53 ($0.69) and set a “hold” rating for the company in a research report on Thursday, September 26th.

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.