Vistry Group (LON:VTY) Hits New 52-Week Low – Should You Sell?

Vistry Group PLC (LON:VTY)’s stock price reached a new 52-week low on Thursday . The stock traded as low as GBX 519 ($6.42) and last traded at GBX 525.50 ($6.50), with a volume of 6520062 shares changing hands. The stock had previously closed at GBX 537 ($6.64).

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Berenberg Bank decreased their price objective on shares of Vistry Group from GBX 750 ($9.27) to GBX 650 ($8.03) and set a “hold” rating for the company in a report on Thursday, January 2nd. JPMorgan Chase & Co. decreased their price target on shares of Vistry Group from GBX 830 ($10.26) to GBX 690 ($8.53) and set a “neutral” rating for the company in a research note on Thursday, December 5th.

Vistry Group Stock Performance

The company has a 50 day moving average of GBX 670.18 and a two-hundred day moving average of GBX 1,050.25. The company has a debt-to-equity ratio of 22.15, a current ratio of 2.64 and a quick ratio of 0.56. The company has a market capitalization of £1.71 billion, a PE ratio of 702.12, a PEG ratio of -0.20 and a beta of 2.14.

Insider Activity

In other Vistry Group news, insider Helen Owers bought 4,000 shares of the stock in a transaction dated Monday, October 14th. The stock was purchased at an average cost of GBX 944 ($11.67) per share, for a total transaction of £37,760 ($46,674.91). Also, insider Usman Nabi purchased 500,000 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was bought at an average cost of GBX 737 ($9.11) per share, for a total transaction of £3,685,000 ($4,555,006.18). In the last 90 days, insiders have acquired 504,045 shares of company stock worth $372,305,976. Corporate 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.