Key Points
- THG insider Matthew Moulding bought 24,395,170 shares at GBX 35 on Feb 20 for £8,538,309.50 and previously acquired 209,086,400 shares at GBX 32 on Dec 8 for £66,907,648, marking large insider purchases in recent months.
- The stock opened at GBX 36.32 (up 4.7%), the company has a market cap of £565.77 million, and analysts hold a consensus rating of “Moderate Buy” with a consensus price target of GBX 55 (JPMorgan has a neutral rating).
THG Plc (LON:THG - Get Free Report) insider Matthew Moulding purchased 24,395,170 shares of the company's stock in a transaction that occurred on Friday, February 20th. The shares were purchased at an average cost of GBX 35 per share, for a total transaction of £8,538,309.50.
Matthew Moulding also recently made the following trade(s):
- On Monday, December 8th, Matthew Moulding acquired 209,086,400 shares of THG stock. The stock was acquired at an average cost of GBX 32 per share, with a total value of £66,907,648.
THG Stock Up 4.7%
THG stock opened at GBX 36.32 on Wednesday. The firm has a fifty day moving average price of GBX 41.10 and a two-hundred day moving average price of GBX 39.68. The company has a debt-to-equity ratio of 75.19, a current ratio of 1.25 and a quick ratio of 0.89. THG Plc has a 1-year low of GBX 22.90 and a 1-year high of GBX 52.55. The firm has a market cap of £565.77 million, a price-to-earnings ratio of -3.63, a PEG ratio of -0.08 and a beta of 2.40.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. restated a "neutral" rating on shares of THG in a research note on Monday, January 19th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 55.
Check Out Our Latest Report on THG
About THG
(
Get Free Report)
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. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.
THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].