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

Shares of Vistry Group PLC (LON:VTY) traded down 16.1% during mid-day trading on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.89). 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 Upgrades and Downgrades

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

Vistry Group Stock Down 16.1 %

The firm’s fifty day moving average is GBX 751.78 and its two-hundred day moving average is GBX 1,097.66. The firm has a market cap of £1.83 billion, a price-to-earnings ratio of 752.05, a P/E/G 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.

Insider Transactions at Vistry Group

In other news, insider Greg Fitzgerald acquired 20,498 shares of the company’s stock in a transaction dated Tuesday, October 8th. The shares were bought at an average price of GBX 966 ($12.12) per share, with a total value of £198,010.68 ($248,351.54). Also, insider Usman Nabi acquired 800,000 shares of the business’s stock in a transaction dated Thursday, October 10th. The stock was purchased at an average price of GBX 931 ($11.68) per share, with a total value of £7,448,000 ($9,341,527.66). In the last three months, 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.