Vistry Group (LON:VTY) Reaches New 12-Month Low – Here’s What Happened

Vistry Group PLC (LON:VTY)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 547.10 ($6.86), with a volume of 447377500 shares trading hands. The stock had previously closed at GBX 654 ($8.20).

Wall Street Analyst Weigh In

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

Vistry Group Stock Down 16.1 %

The firm’s fifty day simple moving average is GBX 751.78 and its 200 day simple moving average is GBX 1,097.66. The company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15. The company has a market cap of £1.83 billion, a price-to-earnings ratio of 752.05, a PEG ratio of -0.20 and a beta of 2.14.

Insider Transactions at Vistry Group

In other Vistry Group news, insider Usman Nabi bought 800,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 10th. The stock was purchased at an average price of GBX 931 ($11.68) per share, for a total transaction of £7,448,000 ($9,341,527.66). Also, insider Greg Fitzgerald purchased 20,498 shares of the company’s stock in a transaction on Tuesday, October 8th. The stock was bought at an average price of GBX 966 ($12.12) per share, for a total transaction of £198,010.68 ($248,351.54). In the last three months, insiders bought 1,324,543 shares of company stock valued at $1,136,907,044. Insiders own 0.64% of the company’s stock.

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.