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

Shares of Vistry Group PLC (LON:VTY) traded down 16.1% during trading on Wednesday . The stock 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).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. decreased their price target on 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 Price Performance

The company has a market capitalization of £1.83 billion, a P/E ratio of 752.05, a P/E/G ratio of -0.20 and a beta of 2.14. The firm’s fifty day moving average is GBX 760.20 and its 200 day moving average is GBX 1,102.80. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64.

Insider Activity

In other Vistry Group news, insider Greg Fitzgerald purchased 20,498 shares of the company’s stock in a transaction dated Tuesday, October 8th. The shares were acquired at an average price of GBX 966 ($12.11) per share, for a total transaction of £198,010.68 ($248,227.00). Also, insider Usman Nabi purchased 800,000 shares of the business’s stock in a transaction 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 quarter, insiders acquired 1,324,543 shares of company stock worth $1,136,907,044. 0.64% of the stock is currently owned by corporate insiders.

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.