Vistry Group (LON:VTY) Stock Price Down 16.1% – Here’s What Happened

Posted by ABMN Staff on Dec 25th, 2024

Vistry Group PLC (LON:VTY – Get Free Report) shares fell 16.1% during trading on Wednesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). 4,971,120 shares traded 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).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. cut 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 report on Thursday, December 5th.

Get Our Latest Analysis on Vistry Group

Vistry Group Trading Down 16.1 %

The business’s fifty day moving average is GBX 760.20 and its 200-day moving average is GBX 1,102.80. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. The firm has a market cap of £1.83 billion, a P/E ratio of 752.05, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14.

Insider Buying and Selling at Vistry Group

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

Vistry Group Company Profile

(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.