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

Posted by Doug Wharley on Dec 25th, 2024

Vistry Group PLC (LON:VTY – Get Free Report) shares were down 16.1% during trading on Wednesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.89). Approximately 4,971,120 shares traded hands during mid-day trading, an increase of 148% from the average daily volume of 2,001,906 shares. The stock had previously closed at GBX 654 ($8.20).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. cut their price objective on shares of Vistry Group from GBX 830 ($10.41) to GBX 690 ($8.65) and set a “neutral” rating on the stock in a report on Thursday, December 5th.

View Our Latest Analysis on VTY

Vistry Group Stock Down 16.1 %

The company has a market capitalization of £1.83 billion, a P/E ratio of 752.05, a P/E/G ratio of -0.20 and a beta of 2.14. The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15. The firm has a fifty day simple moving average of GBX 751.78 and a 200-day simple moving average of GBX 1,097.66.

Insider Buying and Selling

In other news, insider Helen Owers purchased 4,000 shares of the company’s stock in a transaction on Monday, October 14th. The shares were purchased at an average cost of GBX 944 ($11.84) per share, with a total value of £37,760 ($47,359.84). Also, insider Usman Nabi purchased 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, with a total value of £3,685,000 ($4,621,848.74). In the last three months, insiders acquired 1,324,543 shares of company stock valued at $1,136,907,044. 0.64% of the stock is owned by corporate 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.