Vistry Group (LON:VTY) Stock Price Down 16.4% – Should You Sell?

Vistry Group PLC (LON:VTY) traded down 16.4% during mid-day trading on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 546.66 ($6.86). 449,279,031 shares changed hands during trading, an increase of 11,811% from the average session volume of 3,772,058 shares. The stock had previously closed at GBX 654 ($8.20).

Analyst Ratings Changes

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

Vistry Group Trading Down 16.1 %

The stock 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 firm’s 50 day simple moving average is GBX 751.78 and its two-hundred day simple 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 Activity at Vistry Group

In related news, insider Usman Nabi purchased 800,000 shares of the business’s stock in a transaction that occurred on Thursday, October 10th. The shares were acquired at an average price of GBX 931 ($11.68) per share, with a total value of £7,448,000 ($9,341,527.66). Also, insider Helen Owers acquired 4,000 shares of Vistry Group stock in a transaction that occurred on Monday, October 14th. The shares were bought at an average price of GBX 944 ($11.84) per share, with a total value of £37,760 ($47,359.84). Insiders acquired a total of 1,324,543 shares of company stock valued at $1,136,907,044 in the last quarter. Insiders own 0.64% of the company’s stock.

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.