Vistry Group (LON:VTY) Trading Down 16.1% – Time to Sell?

Vistry Group PLC (LON:VTY)’s stock price traded down 16.1% during mid-day trading on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). 4,971,120 shares were traded 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 Analyst Weigh In

Separately, JPMorgan Chase & Co. cut their price target on shares of 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.

Vistry Group Stock Down 16.1 %

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

Insider Transactions at Vistry Group

In other Vistry Group news, insider Usman Nabi acquired 500,000 shares of the business’s stock in a transaction on Friday, November 8th. The stock was purchased at an average price of GBX 737 ($9.24) per share, for a total transaction of £3,685,000 ($4,619,531.15). Also, insider Helen Owers acquired 4,000 shares of Vistry Group stock in a transaction on Monday, October 14th. The stock was acquired at an average cost of GBX 944 ($11.83) per share, for a total transaction of £37,760 ($47,336.09). In the last quarter, insiders have bought 1,324,543 shares of company stock valued at $1,136,907,044. 0.64% of the stock is owned by insiders.

Vistry Group Company Profile

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.