Vistry Group (LON:VTY) Reaches New 1-Year Low – Should You Sell?

Vistry Group PLC (LON:VTY) shares reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 547.10 ($6.86), with a volume of 447377500 shares changing hands. The stock had previously closed at GBX 654 ($8.20).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut their target price on Vistry Group from GBX 830 ($10.41) to GBX 690 ($8.65) and set a “neutral” rating for the company in a research note on Thursday, December 5th.

Vistry Group Trading Down 16.1 %

The company has a market cap 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’s 50 day simple moving average is GBX 751.78 and its two-hundred day simple moving average is GBX 1,097.66. The company has a debt-to-equity ratio of 22.15, a current ratio of 2.64 and a quick ratio of 0.56.

Insider Buying and Selling

In other news, insider Usman Nabi bought 800,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 10th. The shares were purchased at an average price of GBX 931 ($11.68) per share, with a total value of £7,448,000 ($9,341,527.66). Also, insider Greg Fitzgerald bought 20,498 shares of the company’s stock in a transaction on Tuesday, October 8th. The stock was purchased at an average cost of GBX 966 ($12.12) per share, with a total value of £198,010.68 ($248,351.54). In the last quarter, insiders purchased 1,324,543 shares of company stock valued at $1,136,907,044. Company insiders own 0.64% of the company’s stock.

Vistry Group Company Profile

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.