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

Vistry Group PLC (LON:VTY) fell 16.1% during mid-day trading on Wednesday . The stock traded as low as GBX 523 ($6.55) and last traded at GBX 549 ($6.88). 4,971,120 shares traded hands during trading, an increase of 148% from the average session volume of 2,001,906 shares. The stock had previously closed at GBX 654 ($8.20).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reduced their price objective on Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating on the stock in a research note on Thursday, December 5th.

Vistry Group Trading Up 1.5 %

The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15. The company has a market capitalization of £1.85 billion, a PE ratio of 760.96, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. The stock’s fifty day moving average price is GBX 743.04 and its two-hundred day moving average price is GBX 1,092.73.

Insider Activity

In related news, insider Greg Fitzgerald purchased 20,498 shares of Vistry Group stock in a transaction that occurred on Tuesday, October 8th. The shares were bought at an average price of GBX 966 ($12.11) per share, for a total transaction of £198,010.68 ($248,133.68). Also, insider Helen Owers bought 4,000 shares of the firm’s stock in a transaction dated Monday, October 14th. The stock was purchased at an average cost of GBX 944 ($11.83) per share, with a total value of £37,760 ($47,318.30). Over the last three months, insiders have acquired 1,324,543 shares of company stock valued at $1,136,907,044. Company insiders own 0.64% of the company’s stock.

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.