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

Vistry Group PLC (LON:VTY)’s share price fell 16.1% 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).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reduced their price target on shares of 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.

Vistry Group Price Performance

The stock has a 50 day moving average of GBX 768.49 and a two-hundred day moving average of GBX 1,108. 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.

Insider Activity

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

About Vistry Group

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.