Vistry Group (LON:VTY) Trading Down 16.1% – What’s Next?

Shares of Vistry Group PLC (LON:VTY) fell 16.1% during 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 changed hands 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. lowered their price target on shares of Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating on the stock in a report on Thursday, December 5th.

Vistry Group Trading Down 16.1 %

The business 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. The company has a market cap 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.

Insider Buying and Selling at Vistry Group

In other Vistry Group news, insider Usman Nabi bought 800,000 shares of the company’s stock in a transaction on Thursday, October 10th. The stock was bought at an average price of GBX 931 ($11.67) per share, for a total transaction of £7,448,000 ($9,336,843.42). Also, insider Greg Fitzgerald bought 20,498 shares of the business’s stock in a transaction on Tuesday, October 8th. The stock was bought at an average cost of GBX 966 ($12.11) per share, for a total transaction of £198,010.68 ($248,227.00). In the last ninety days, insiders have bought 1,324,543 shares of company stock worth $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.