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

Posted by Wayne Rhoads on Dec 24th, 2024

Shares of Vistry Group PLC (LON:VTY – Get Free Report) were down 16.1% during mid-day trading on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). Approximately 4,971,120 shares changed hands during 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 Ratings Changes

Separately, JPMorgan Chase & Co. cut their price objective on Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating on the stock in a research report on Thursday, December 5th.

View Our Latest Report on Vistry Group

Vistry Group Stock Down 16.1 %

The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. The company has a market cap of £1.83 billion, a P/E ratio of 752.05, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. The business’s fifty day moving average is GBX 768.49 and its two-hundred day moving average is GBX 1,108.

Insider Activity 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 shares were bought at an average cost of GBX 931 ($11.67) per share, for a total transaction of £7,448,000 ($9,336,843.42). Also, insider Greg Fitzgerald purchased 20,498 shares of Vistry Group stock in a transaction dated Tuesday, October 8th. The stock was acquired at an average price of GBX 966 ($12.11) per share, with a total value of £198,010.68 ($248,227.00). Over the last quarter, insiders bought 1,324,543 shares of company stock worth $1,136,907,044. Company insiders own 0.64% of the company’s stock.

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.