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

Vistry Group PLC (LON:VTYGet Free Report)’s stock price dropped 16.1% during mid-day trading on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). Approximately 4,971,120 shares were traded 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).

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Report on VTY

Vistry Group Stock Performance

The stock’s 50-day moving average price is GBX 768.49 and its 200 day moving average price is GBX 1,108. The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15. 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.

Insider Buying and Selling

In other Vistry Group news, insider Usman Nabi acquired 500,000 shares of Vistry Group stock in a transaction dated Friday, November 8th. The stock was bought at an average cost of GBX 737 ($9.24) per share, with a total value of £3,685,000 ($4,619,531.15). Also, insider Helen Owers bought 4,000 shares of the company’s stock in a transaction that occurred on Monday, October 14th. The shares were bought at an average cost of GBX 944 ($11.83) per share, for a total transaction of £37,760 ($47,336.09). Insiders have bought 1,324,543 shares of company stock worth $1,136,907,044 in the last quarter. 0.64% of the stock is currently owned by company 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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