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

Posted by Tech Dows on Dec 24th, 2024

Vistry Group PLC (LON:VTY – Get Free Report)’s share price was down 16.1% on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). 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 Analysts Forecast Growth

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 research report on Thursday, December 5th.

Get Our Latest Stock Report on Vistry Group

Vistry Group Stock Down 16.1 %

The stock has a market cap of £1.83 billion, a P/E ratio of 752.05, a PEG ratio of -0.20 and a beta of 2.14. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. The firm’s 50-day moving average is GBX 768.49 and its two-hundred day moving average is GBX 1,108.

Insider Activity at Vistry Group

In other news, insider Usman Nabi acquired 500,000 shares of Vistry Group stock in a transaction that occurred on Friday, November 8th. The shares were acquired at an average price of GBX 737 ($9.24) per share, with a total value of £3,685,000 ($4,619,531.15). Also, insider Greg Fitzgerald acquired 20,498 shares of the stock in a transaction that occurred on Tuesday, October 8th. The stock was purchased at an average price of GBX 966 ($12.11) per share, with a total value of £198,010.68 ($248,227.00). Insiders have bought a total of 1,324,543 shares of company stock worth $1,136,907,044 over the last 90 days. Insiders own 0.64% of the company’s stock.

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.