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

Vistry Group PLC (LON:VTY) shares were down 16.1% on Wednesday . The company traded as low as GBX 523 ($6.55) and last traded at GBX 549 ($6.88). Approximately 4,971,120 shares were traded during mid-day 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 Analyst Weigh In

Separately, JPMorgan Chase & Co. dropped their price objective on shares of 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 0.9 %

The firm has a 50 day moving average price of GBX 743.04 and a 200-day moving average price of GBX 1,092.73. 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 cap of £1.84 billion, a PE ratio of 756.85, a PEG ratio of -0.20 and a beta of 2.14.

Insider Buying and Selling at Vistry Group

In other news, insider Greg Fitzgerald purchased 20,498 shares of the stock in a transaction that occurred on 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 ($248,133.68). Also, insider Usman Nabi bought 800,000 shares of the stock in a transaction on Thursday, October 10th. The stock was purchased at an average cost of GBX 931 ($11.67) per share, for a total transaction of £7,448,000 ($9,333,333.33). Insiders purchased 1,324,543 shares of company stock worth $1,136,907,044 over the last 90 days. Corporate insiders own 0.64% of the company’s stock.

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.