Vistry Group (LON:VTY) Trading Down 16.1% – What’s Next?

Vistry Group PLC (LON:VTY)’s stock price was down 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 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).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reduced 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.

Vistry Group Stock Performance

The firm has a market capitalization of £1.83 billion, a PE ratio of 752.05, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. The company has a debt-to-equity ratio of 22.15, a current ratio of 2.64 and a quick ratio of 0.56. The stock has a 50-day moving average price of GBX 760.20 and a 200-day moving average price of GBX 1,102.80.

Insider Transactions at Vistry Group

In other Vistry Group news, insider Greg Fitzgerald acquired 20,498 shares of the firm’s stock in a transaction on Tuesday, October 8th. The stock was purchased at an average price of GBX 966 ($12.11) per share, with a total value of £198,010.68 ($248,227.00). Also, insider Usman Nabi bought 800,000 shares of the stock in a transaction on Thursday, October 10th. The shares were acquired at an average price of GBX 931 ($11.67) per share, with a total value of £7,448,000 ($9,336,843.42). Over the last quarter, insiders purchased 1,324,543 shares of company stock valued at $1,136,907,044. 0.64% of the stock is currently owned by corporate 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.