Vistry Group (LON:VTY) Stock Price Down 16.1% – Time to Sell?

Posted by Adam Masters on Dec 25th, 2024

Vistry Group PLC (LON:VTY – Get Free Report)’s share price traded down 16.1% during mid-day trading on Wednesday . 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 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).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. cut their target price 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.

Read Our Latest Stock Analysis on Vistry Group

Vistry Group Stock Performance

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 company has a 50 day simple moving average of GBX 760.20 and a 200-day simple moving average of GBX 1,102.80. The firm 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.

Insider Activity at Vistry Group

In related news, insider Greg Fitzgerald purchased 20,498 shares of Vistry Group stock in a transaction that occurred on Tuesday, October 8th. The shares were acquired at an average cost of GBX 966 ($12.11) per share, for a total transaction of £198,010.68 ($248,227.00). Also, insider Usman Nabi purchased 800,000 shares of the firm’s stock in a transaction on Thursday, October 10th. The stock was bought at an average cost of GBX 931 ($11.67) per share, for a total transaction of £7,448,000 ($9,336,843.42). In the last 90 days, insiders have acquired 1,324,543 shares of company stock valued at $1,136,907,044. Insiders own 0.64% of the company’s stock.

About Vistry Group

(Get Free Report)

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.