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

Vistry Group PLC (LON:VTY)’s share price fell 16.1% during trading on Wednesday . The company traded as low as GBX 523 ($6.55) 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 Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating for the company in a report on Thursday, December 5th.

Vistry Group Stock Up 1.3 %

The firm has a market capitalization of £1.85 billion, a P/E ratio of 759.59, a PEG ratio of -0.20 and a beta of 2.14. The firm’s 50 day moving average is GBX 743.04 and its two-hundred day moving average is GBX 1,092.73. The company has a debt-to-equity ratio of 22.15, a current ratio of 2.64 and a quick ratio of 0.56.

Insider Activity

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