Vistry Group (LON:VTY) Hits New 1-Year Low – Here’s What Happened

Shares of Vistry Group PLC (LON:VTY) reached a new 52-week low during mid-day 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. The stock had previously closed at GBX 654 ($8.20).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. dropped their price target on Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating on the stock in a research note on Thursday, December 5th.

Vistry Group Trading Down 17.5 %

The stock has a market cap of £1.80 billion, a price-to-earnings ratio of 738.83, a P/E/G ratio of -0.20 and a beta of 2.14. The business has a 50-day simple moving average of GBX 768.49 and a two-hundred day simple 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.

Insider Buying and Selling

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