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

Vistry Group PLC (LON:VTY)’s stock price fell 16.1% 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 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. decreased their price objective on shares of 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.

Vistry Group Stock Performance

The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15. The firm has a 50-day moving average price of GBX 760.20 and a two-hundred day moving average price of GBX 1,102.80. The firm has a market cap of £1.83 billion, a PE ratio of 752.05, a P/E/G ratio of -0.20 and a beta of 2.14.

Insider Activity at Vistry Group

In related news, insider Helen Owers purchased 4,000 shares of the business’s stock in a transaction that occurred on Monday, October 14th. The stock was purchased at an average price of GBX 944 ($11.83) per share, with a total value of £37,760 ($47,336.09). Also, insider Usman Nabi acquired 800,000 shares of Vistry Group stock in a transaction that occurred on Thursday, October 10th. The shares were bought at an average price of GBX 931 ($11.67) per share, for a total transaction of £7,448,000 ($9,336,843.42). In the last ninety days, insiders bought 1,324,543 shares of company stock valued at $1,136,907,044. 0.64% of the stock is owned by insiders.

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.