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

Vistry Group PLC (LON:VTY) shares traded down 16.1% during mid-day trading on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 548.68 ($6.88). 479,208,750 shares were traded during trading, an increase of 12,215% from the average session volume of 3,891,300 shares. The stock had previously closed at GBX 654 ($8.20).

Analysts Set New Price Targets

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

Vistry Group Price Performance

The company has a 50-day moving average of GBX 751.78 and a 200 day moving average of GBX 1,097.66. 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 stock has a market capitalization of £1.83 billion, a PE ratio of 752.05, a PEG ratio of -0.20 and a beta of 2.14.

Insider Activity

In related news, insider Greg Fitzgerald bought 20,498 shares of the company’s stock in a transaction on Tuesday, October 8th. The stock was bought at an average cost of GBX 966 ($12.12) per share, for a total transaction of £198,010.68 ($248,351.54). Also, insider Usman Nabi purchased 500,000 shares of the stock in a transaction dated Friday, November 8th. The shares were purchased at an average cost of GBX 737 ($9.24) per share, for a total transaction of £3,685,000 ($4,621,848.74). Insiders acquired 1,324,543 shares of company stock worth $1,136,907,044 over the last three months. Insiders own 0.64% of the company’s stock.

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.