Vistry Group (LON:VTY) Reaches New 52-Week Low – Time to Sell?

Shares of Vistry Group PLC (LON:VTY) reached a new 52-week low on Monday . The stock traded as low as GBX 487.40 ($6.28) and last traded at GBX 498.13 ($6.42), with a volume of 21820195 shares traded. The stock had previously closed at GBX 511.20 ($6.59).

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Berenberg Bank dropped their target price on Vistry Group from GBX 750 ($9.67) to GBX 650 ($8.38) and set a “hold” rating on the stock in a research report on Thursday, January 2nd. Royal Bank of Canada raised their price target on shares of Vistry Group from GBX 475 ($6.12) to GBX 500 ($6.44) and gave the stock an “underperform” rating in a research note on Friday, March 28th.

Vistry Group Price Performance

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 fifty day moving average price of GBX 603.99 and a two-hundred day moving average price of GBX 736.01. The company has a market cap of £1.62 billion, a P/E ratio of 6.58, a PEG ratio of -0.20 and a beta of 2.14.

Vistry Group (LON:VTY) last posted its quarterly earnings results on Wednesday, March 26th. The company reported GBX 55.90 ($0.72) earnings per share for the quarter. Vistry Group had a return on equity of 7.69% and a net margin of 6.90%. On average, sell-side analysts anticipate that Vistry Group PLC will post 108.4606345 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Tim Lawlor sold 2,234 shares of the firm’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of GBX 593 ($7.64), for a total value of £13,247.62 ($17,076.08). 0.64% of the stock is owned by corporate insiders.

Vistry Group Company Profile

Vistry Group is one of the UK’s leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith.

Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England.