Vistry Group (LON:VTY) Stock Price Down 16.7% – Should You Sell?

Vistry Group PLC (LON:VTY)’s share price traded down 16.7% on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 544.50 ($6.83). 449,724,938 shares changed hands during trading, an increase of 11,817% from the average session volume of 3,773,834 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 Stock Down 16.1 %

The company has a fifty day moving average price of GBX 751.78 and a 200-day moving average price of GBX 1,097.66. 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 has a market capitalization of £1.83 billion, a PE ratio of 752.05, a PEG ratio of -0.20 and a beta of 2.14.

Insider Activity at Vistry Group

In related news, insider Helen Owers acquired 4,000 shares of Vistry Group stock in a transaction on Monday, October 14th. The shares were bought at an average cost of GBX 944 ($11.84) per share, with a total value of £37,760 ($47,359.84). Also, insider Usman Nabi acquired 800,000 shares of the firm’s stock in a transaction on Thursday, October 10th. The shares were bought at an average price of GBX 931 ($11.68) per share, for a total transaction of £7,448,000 ($9,341,527.66). Insiders have acquired a total of 1,324,543 shares of company stock valued at $1,136,907,044 over the last 90 days. 0.64% of the stock is owned by corporate insiders.

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.