Vistry Group (LON:VTY) Stock Price Down 16.7% – What’s Next?

Vistry Group PLC (LON:VTY) shares traded down 16.7% during mid-day trading on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 544.50 ($6.83). 449,724,938 shares traded hands during trading, an increase of 11,817% from the average session volume of 3,773,834 shares. The stock had previously closed at GBX 654 ($8.20).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reduced their target price on Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating for the company in a research report on Thursday, December 5th.

Vistry Group Stock Performance

The stock has a fifty day moving average price of GBX 768.49 and a 200-day moving average price of GBX 1,108. 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 firm has a market capitalization of £1.82 billion, a price-to-earnings ratio of 747.26, a PEG ratio of -0.20 and a beta of 2.14.

Insiders Place Their Bets

In related news, insider Helen Owers bought 4,000 shares of Vistry Group stock in a transaction dated Monday, October 14th. The shares were bought at an average cost of GBX 944 ($11.83) per share, for a total transaction of £37,760 ($47,336.09). Also, insider Usman Nabi bought 800,000 shares of the company’s stock in a transaction dated Thursday, October 10th. The shares were purchased at an average price of GBX 931 ($11.67) per share, with a total value of £7,448,000 ($9,336,843.42). Over the last ninety days, insiders have bought 1,324,543 shares of company stock valued at $1,136,907,044. 0.64% of the stock is currently owned by 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.