Vistry Group (LON:VTY) Shares Down 17.1% – What’s Next?

Vistry Group PLC (LON:VTY) fell 17.1% on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 542 ($6.80). 447,668,969 shares changed hands during trading, an increase of 11,788% from the average session volume of 3,765,643 shares. The stock had previously closed at GBX 654 ($8.20).

Wall Street Analyst Weigh In

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

Vistry Group Price Performance

The firm has a market cap of £1.83 billion, a P/E ratio of 752.05, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. The stock’s 50-day moving average is GBX 751.78 and its 200-day moving average is GBX 1,097.66. The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15.

Insider Transactions at Vistry Group

In other news, insider Greg Fitzgerald acquired 20,498 shares of Vistry Group stock in a transaction on Tuesday, October 8th. The stock was bought at an average price of GBX 966 ($12.12) per share, for a total transaction of £198,010.68 ($248,351.54). Also, insider Usman Nabi acquired 800,000 shares of the firm’s stock in a transaction dated Thursday, October 10th. The shares were purchased at an average cost of GBX 931 ($11.68) per share, for a total transaction of £7,448,000 ($9,341,527.66). In the last 90 days, insiders have purchased 1,324,543 shares of company stock worth $1,136,907,044. 0.64% of the stock is currently owned by company 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.