Vistry Group (LON:VTY) Stock Price Down 16.1% – What’s Next?

Posted by Simon Gomez on Dec 26th, 2024

Vistry Group PLC (LON:VTY – Get Free Report)’s share price was down 16.1% during mid-day trading on Wednesday . 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 Analyst Weigh In

Separately, JPMorgan Chase & Co. decreased their price objective on 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.

View Our Latest Research Report on Vistry Group

Vistry Group Stock Performance

The firm has a market cap of £1.83 billion, a price-to-earnings ratio of 752.05, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. The stock has a 50-day moving average of GBX 751.78 and a 200-day moving average 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.

Insider Activity

In other news, insider Helen Owers bought 4,000 shares of the firm’s stock in a transaction that occurred on Monday, October 14th. The stock was acquired 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 bought 800,000 shares of the stock in a transaction that occurred on Thursday, October 10th. The shares were purchased 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 1,324,543 shares of company stock worth $1,136,907,044 over the last ninety days. Insiders own 0.64% of the company’s stock.

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.