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

Vistry Group PLC (LON:VTYGet Free Report)’s stock price traded down 16.1% 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 changed hands during 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).

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on Vistry Group

Vistry Group Stock Down 16.1 %

The company has a market capitalization of £1.83 billion, a PE ratio of 752.05, a PEG ratio of -0.20 and a beta of 2.14. 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 business has a fifty day moving average of GBX 751.78 and a 200 day moving average of GBX 1,097.66.

Insider Transactions at Vistry Group

In related news, insider Helen Owers purchased 4,000 shares of Vistry Group stock in a transaction on Monday, October 14th. The shares were bought at an average price of GBX 944 ($11.84) per share, with a total value of £37,760 ($47,359.84). Also, insider Greg Fitzgerald acquired 20,498 shares of the stock in a transaction dated Tuesday, October 8th. The shares were bought at an average cost of GBX 966 ($12.12) per share, with a total value of £198,010.68 ($248,351.54). Over the last quarter, insiders have acquired 1,324,543 shares of company stock valued at $1,136,907,044. 0.64% of the stock is currently 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.

Further Reading

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