Vistry Group (LON:VTY) Shares Down 16.1% – Here’s What Happened

Vistry Group PLC (LON:VTY)’s stock price fell 16.1% during trading on Wednesday . The stock traded as low as GBX 523 ($6.55) and last traded at GBX 549 ($6.88). 4,971,120 shares were traded during mid-day 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).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. decreased their price target on Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating for the company in a report on Thursday, December 5th.

Vistry Group Price Performance

The stock has a market capitalization of £1.84 billion, a price-to-earnings ratio of 756.85, a P/E/G ratio of -0.20 and a beta of 2.14. The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15. The stock has a fifty day moving average of GBX 743.04 and a 200-day moving average of GBX 1,092.73.

Insider Transactions at Vistry Group

In related news, insider Helen Owers acquired 4,000 shares of the firm’s stock in a transaction on Monday, October 14th. The stock was bought at an average price of GBX 944 ($11.83) per share, for a total transaction of £37,760 ($47,318.30). Also, insider Greg Fitzgerald bought 20,498 shares of the business’s stock in a transaction dated Tuesday, October 8th. The shares were purchased at an average price of GBX 966 ($12.11) per share, for a total transaction of £198,010.68 ($248,133.68). In the last quarter, insiders purchased 1,324,543 shares of company stock worth $1,136,907,044. 0.64% of the stock is currently owned by insiders.

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.