Vistry Group (LON:VTY) Shares Down 16.1% – Should You Sell?

Posted by Lisa Durand on Dec 24th, 2024

Vistry Group PLC (LON:VTY – Get Free Report) shares dropped 16.1% on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). Approximately 4,971,120 shares traded 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).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. dropped their price objective on shares of 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.

Get Our Latest Research Report on VTY

Vistry Group Stock Down 16.1 %

The business’s fifty day moving average price is GBX 768.49 and its two-hundred day moving average price is GBX 1,108. The firm 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 company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15.

Insider Activity at Vistry Group

In other Vistry Group news, insider Usman Nabi acquired 800,000 shares of the company’s stock in a transaction dated Thursday, October 10th. The shares were acquired at an average cost of GBX 931 ($11.67) per share, for a total transaction of £7,448,000 ($9,336,843.42). Also, insider Greg Fitzgerald bought 20,498 shares of the firm’s stock in a transaction that occurred on Tuesday, October 8th. The shares were acquired at an average price of GBX 966 ($12.11) per share, with a total value of £198,010.68 ($248,227.00). In the last ninety days, insiders have purchased 1,324,543 shares of company stock valued at $1,136,907,044. Corporate 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.