THG (LON:THG) Stock Price Down 7.6% - Here's What Happened

THG Plc (LON:THG - Get Free Report) fell 7.6% on Monday . The company traded as low as GBX 33.50 ($0.43) and last traded at GBX 34 ($0.44). 10,864,285 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 8,831,288 shares. The stock had previously closed at GBX 36.78 ($0.47).Analysts Set New Price TargetsSeparately, JPMorgan Chase & Co. lowered their price objective on THG from GBX 49 ($0.63) to GBX 45 ($0.58) and set an "underweight" rating on the stock in a research report on Tuesday.Check Out Our Latest Stock Analysis on THGTHG Trading Down 2.6 %The company has a debt-to-equity ratio of 75.19, a quick ratio of 0.89 and a current ratio of 1.25. The firm has a market cap of £462.65 million, a PE ratio of -1.97, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The stock has a 50-day simple moving average of GBX 37.60 and a two-hundred day simple moving average of GBX 44.39. 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.Further ReadingFive stocks we like better than THG3 Stocks to Protect Your Portfolio from the Coronavirus Contagion Energy Transfer: Powering Data With Dividends and DiversificationExpert Stock Trading Psychology TipsQualcomm Stock Is Coiling for a Breakout Trading Stocks: RSI and Why it's UsefulIs Alphabet Too Cheap to Ignore After Its Recent Correction?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in THG Right Now?Before you consider THG, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and THG wasn't on the list.While THG currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here