THG Plc (LON:THG – Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 46.56 ($0.60) and last traded at GBX 47 ($0.61), with a volume of 485396 shares traded. The stock had previously closed at GBX 47 ($0.61).
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the stock. Canaccord Genuity Group lowered their price objective 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. JPMorgan Chase & Co. upped their price target 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 Research Report on THG
THG Stock Performance
Insider Activity at THG
In other news, insider Damian Sanders acquired 153,061 shares of the stock in a transaction on Tuesday, October 15th. The stock was acquired at an average cost of GBX 49 ($0.64) per share, for a total transaction of £74,999.89 ($97,377.16). 33.92% of the stock is currently owned by corporate insiders.
About THG
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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