Vistry Group (LON:VTY) Reaches New 1-Year Low – Should You Sell?

Vistry Group PLC (LON:VTY)’s share price reached a new 52-week low on Thursday . The company traded as low as GBX 519 ($6.34) and last traded at GBX 525.50 ($6.42), with a volume of 6520062 shares. The stock had previously closed at GBX 537 ($6.56).

Analyst Ratings Changes

Several analysts recently issued reports on the company. Berenberg Bank cut their target price on Vistry Group from GBX 750 ($9.16) to GBX 650 ($7.94) and set a “hold” rating on the stock in a research note on Thursday, January 2nd. JPMorgan Chase & Co. cut their price objective on Vistry Group from GBX 830 ($10.13) to GBX 690 ($8.42) and set a “neutral” rating on the stock in a research report on Thursday, December 5th.

Vistry Group Stock Performance

The company’s 50-day moving average price is GBX 661.55 and its 200 day moving average price is GBX 1,045.59. The stock has a market capitalization of £1.73 billion, a PE ratio of 710.12, a PEG ratio of -0.20 and a beta of 2.14. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64.

Insiders Place Their Bets

In other Vistry Group news, insider Usman Nabi purchased 500,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was bought at an average cost of GBX 737 ($9.00) per share, for a total transaction of £3,685,000 ($4,499,389.50). Also, insider Helen Owers purchased 4,000 shares of the stock in a transaction that occurred on Monday, October 14th. The shares were acquired at an average cost of GBX 944 ($11.53) per share, with a total value of £37,760 ($46,105.01). Insiders purchased 504,045 shares of company stock worth $372,305,976 over the last three months. Company 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.