THG (LON:THG) Receives “Neutral” Rating from JPMorgan Chase & Co.

THG (LON:THG)‘s stock had its “neutral” rating reaffirmed by JPMorgan Chase & Co. in a research report issued on Monday,Digital Look reports.

THG Stock Down 2.7%

Shares of LON THG traded down GBX 1.17 during trading hours on Monday, hitting GBX 41.70. The stock had a trading volume of 4,104,196 shares, compared to its average volume of 8,379,137. The firm’s 50-day moving average price is GBX 44.72 and its two-hundred day moving average price is GBX 38.55. THG has a 52 week low of GBX 22.90 and a 52 week high of GBX 52.55. The company has a market capitalization of £632.64 million, a P/E ratio of -4.17, a P/E/G ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 75.19, a quick ratio of 0.89 and a current ratio of 1.25.

Insider Activity

In other THG news, insider Matthew Moulding acquired 209,086,400 shares of THG stock in a transaction that occurred on Monday, December 8th. The stock was acquired at an average price of GBX 32 per share, with a total value of £66,907,648. Insiders own 9.54% of the company’s stock.

About THG

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.