Vistry Group (LON:VTY) Stock Price Down 16.1% – Should You Sell?

Posted by Editorial Team on Dec 25th, 2024

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

Analysts Set New Price Targets

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

View Our Latest Stock Report on VTY

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 firm has a market capitalization of £1.83 billion, a P/E ratio of 752.05, a P/E/G ratio of -0.20 and a beta of 2.14. The stock has a fifty day moving average price of GBX 760.20 and a two-hundred day moving average price of GBX 1,102.80.

Insider Buying and Selling at Vistry Group

In related news, insider Usman Nabi purchased 500,000 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were acquired at an average cost of GBX 737 ($9.24) per share, for a total transaction of £3,685,000 ($4,619,531.15). Also, insider Helen Owers purchased 4,000 shares of the business’s stock in a transaction that occurred on Monday, October 14th. The stock was bought at an average cost of GBX 944 ($11.83) per share, for a total transaction of £37,760 ($47,336.09). Insiders acquired a total of 1,324,543 shares of company stock worth $1,136,907,044 over the last 90 days. Insiders own 0.64% of the company’s stock.

About Vistry Group

(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.