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

Posted by ABMN Staff on Dec 26th, 2024

Shares of Vistry Group PLC (LON:VTY – Get Free Report) dropped 16.1% during mid-day trading on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.89). Approximately 4,971,120 shares changed hands during trading, an increase of 148% from the average daily 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 Vistry Group from GBX 830 ($10.41) to GBX 690 ($8.65) and set a “neutral” rating on the stock in a report on Thursday, December 5th.

View Our Latest Report on Vistry Group

Vistry Group Stock Down 16.1 %

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 P/E ratio of 752.05, a PEG ratio of -0.20 and a beta of 2.14. The firm has a 50 day simple moving average of GBX 751.78 and a two-hundred day simple moving average of GBX 1,097.66.

Insider Buying and Selling

In other Vistry Group news, insider Helen Owers acquired 4,000 shares of Vistry Group stock in a transaction that occurred on Monday, October 14th. The shares were bought at an average price of GBX 944 ($11.84) per share, with a total value of £37,760 ($47,359.84). Also, insider Usman Nabi purchased 800,000 shares of Vistry Group stock in a transaction on Thursday, October 10th. The stock was bought at an average price of GBX 931 ($11.68) per share, for a total transaction of £7,448,000 ($9,341,527.66). Insiders purchased a total of 1,324,543 shares of company stock worth $1,136,907,044 in the last three months. 0.64% of the stock is owned by corporate insiders.

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.