Vistry Group (LON:VTY) Stock Price Down 16.1% – What’s Next?

Posted by Patrick Bannon on Dec 24th, 2024

Vistry Group PLC (LON:VTY – Get Free Report)’s stock price fell 16.1% during mid-day trading on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). 4,971,120 shares changed hands during mid-day trading, an increase of 148% from the average session volume of 2,001,906 shares. The stock had previously closed at GBX 654 ($8.20).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. decreased their price objective on Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating for the company in a research note on Thursday, December 5th.

Get Our Latest Report on VTY

Vistry Group Stock Performance

The firm’s 50 day moving average is GBX 768.49 and its 200 day moving average is GBX 1,108. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. The stock has a market cap of £1.83 billion, a P/E ratio of 752.05, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14.

Insiders Place Their Bets

In related news, insider Usman Nabi acquired 500,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was purchased at an average cost of GBX 737 ($9.24) per share, with a total value of £3,685,000 ($4,619,531.15). Also, insider Greg Fitzgerald bought 20,498 shares of the stock in a transaction that occurred on Tuesday, October 8th. The stock was bought at an average price of GBX 966 ($12.11) per share, with a total value of £198,010.68 ($248,227.00). Over the last three months, insiders have bought 1,324,543 shares of company stock valued at $1,136,907,044. 0.64% of the stock is currently owned by insiders.

Vistry Group Company Profile

(Get Free Report)

Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers o single family housing model. The company was formerly known as Bovis Homes Group PLC and changed its name to Vistry Group PLC in January 2020. Vistry Group PLC was founded in 1885 and is headquartered in West Malling, the United Kingdom.