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

Posted by Matthew Tipps on Dec 24th, 2024

Vistry Group PLC (LON:VTY – Get Free Report)’s share price fell 16.1% during trading on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). 4,971,120 shares changed 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).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut their target price 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.

View Our Latest Stock Analysis on Vistry Group

Vistry Group Stock Performance

The firm’s fifty day simple moving average is GBX 768.49 and its 200 day simple moving average is GBX 1,108. The company has a market capitalization of £1.83 billion, a PE ratio of 752.05, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. The company has a debt-to-equity ratio of 22.15, a current ratio of 2.64 and a quick ratio of 0.56.

Insider Transactions at Vistry Group

In other news, insider Usman Nabi acquired 500,000 shares of the 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 ($4,619,531.15). Also, insider Greg Fitzgerald purchased 20,498 shares of the stock in a transaction dated Tuesday, October 8th. The stock was purchased at an average cost of GBX 966 ($12.11) per share, for a total transaction of £198,010.68 ($248,227.00). Insiders have purchased 1,324,543 shares of company stock worth $1,136,907,044 over the last quarter. 0.64% of the stock is currently 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.