Vistry Group (LON:VTY) Shares Down 16.1% – Here’s Why

Posted by Logan Wallace on Dec 26th, 2024

Vistry Group PLC (LON:VTY – Get Free Report) was down 16.1% during mid-day trading on Tuesday . 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 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 Analysts Forecast Growth

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

Read Our Latest Analysis on VTY

Vistry Group Trading Down 16.1 %

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 stock has a market cap of £1.83 billion, a P/E ratio of 752.05, a P/E/G ratio of -0.20 and a beta of 2.14. The stock has a 50-day moving average price of GBX 751.78 and a 200-day moving average price of GBX 1,097.66.

Insider Buying and Selling at Vistry Group

In other news, insider Greg Fitzgerald purchased 20,498 shares of the stock in a transaction on Tuesday, October 8th. The shares were acquired 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 business’s stock in a transaction dated Thursday, October 10th. The stock was purchased at an average price of GBX 931 ($11.68) per share, with a total value of £7,448,000 ($9,341,527.66). Insiders purchased a total of 1,324,543 shares of company stock worth $1,136,907,044 over the last three months. 0.64% of the stock is owned by insiders.

Vistry Group Company Profile

(Get Free Report)

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.