Vistry Group (LON:VTY) Stock Price Down 16.4% – Time to Sell?

Vistry Group PLC (LON:VTY)’s share price traded down 16.4% during mid-day trading on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 546.66 ($6.86). 449,279,031 shares were traded during trading, an increase of 11,811% from the average session volume of 3,772,058 shares. The stock had previously closed at GBX 654 ($8.20).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. dropped their price target on shares of Vistry Group from GBX 830 ($10.41) to GBX 690 ($8.65) and set a “neutral” rating on the stock in a research note on Thursday, December 5th.

Vistry Group Stock Down 16.1 %

The company 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 company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15. The stock has a 50-day simple moving average of GBX 751.78 and a 200-day simple moving average of GBX 1,097.66.

Insider Activity at Vistry Group

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 price of GBX 944 ($11.84) per share, with a total value of £37,760 ($47,359.84). Also, insider Usman Nabi purchased 500,000 shares of the company’s stock in a transaction on Friday, November 8th. The stock was acquired at an average price of GBX 737 ($9.24) per share, for a total transaction of £3,685,000 ($4,621,848.74). Insiders purchased 1,324,543 shares of company stock worth $1,136,907,044 in the last 90 days. Corporate 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.