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

Vistry Group PLC (LON:VTY) traded down 16.1% on Wednesday . The stock traded as low as GBX 523 ($6.55) and last traded at GBX 549 ($6.88). 4,971,120 shares were traded 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 Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut their target price 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 research note on Thursday, December 5th.

Vistry Group Price Performance

The company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15. The stock has a 50-day simple moving average of GBX 743.04 and a 200 day simple moving average of GBX 1,092.73. The stock has a market capitalization of £1.85 billion, a price-to-earnings ratio of 758.90, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14.

Insider Transactions at Vistry Group

In related news, insider Usman Nabi purchased 800,000 shares of the company’s stock in a transaction dated Thursday, October 10th. The shares were acquired at an average cost of GBX 931 ($11.67) per share, with a total value of £7,448,000 ($9,333,333.33). Also, insider Helen Owers acquired 4,000 shares of Vistry Group stock in a transaction that occurred on Monday, October 14th. The shares were purchased at an average cost of GBX 944 ($11.83) per share, with a total value of £37,760 ($47,318.30). Insiders purchased 1,324,543 shares of company stock valued at $1,136,907,044 over the last three months. 0.64% of the stock is owned by corporate 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.