Vistry Group (LON:VTY) Shares Down 16.1% – Time to Sell?

Vistry Group PLC (LON:VTY) shares dropped 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 were traded 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).

Analyst Ratings Changes

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

Vistry Group Stock Performance

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 company 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’s fifty day moving average price is GBX 751.78 and its two-hundred day moving average price is GBX 1,097.66.

Insiders Place Their Bets

In related news, insider Helen Owers purchased 4,000 shares of Vistry Group stock in a transaction dated Monday, October 14th. The shares were bought at an average cost of GBX 944 ($11.84) per share, for a total transaction of £37,760 ($47,359.84). Also, insider Usman Nabi purchased 500,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were bought at an average cost of GBX 737 ($9.24) per share, for a total transaction of £3,685,000 ($4,621,848.74). Insiders acquired 1,324,543 shares of company stock worth $1,136,907,044 over the last three months. 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.