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

Vistry Group PLC (LON:VTY) dropped 16.1% during trading on Wednesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.89). 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).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. cut their price target on shares of Vistry Group from GBX 830 ($10.41) to GBX 690 ($8.65) and set a “neutral” rating on the stock in a research note on Thursday, December 5th.

Vistry Group Price Performance

The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15. The company has a market capitalization of £1.83 billion, a price-to-earnings ratio of 752.05, a PEG ratio of -0.20 and a beta of 2.14. The stock’s 50-day simple moving average is GBX 751.78 and its two-hundred day simple moving average is GBX 1,097.66.

Insider Activity at Vistry Group

In related news, insider Helen Owers bought 4,000 shares of the company’s stock in a transaction on Monday, October 14th. The stock was bought at an average cost of GBX 944 ($11.84) per share, for a total transaction of £37,760 ($47,359.84). Also, insider Greg Fitzgerald bought 20,498 shares of the business’s stock in a transaction on Tuesday, October 8th. The stock was bought at an average cost of GBX 966 ($12.12) per share, with a total value of £198,010.68 ($248,351.54). In the last three months, insiders have purchased 1,324,543 shares of company stock valued at $1,136,907,044. 0.64% of the stock is 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.