Vistry Group (LON:VTY) Trading Down 16.1% – Here’s Why

Vistry Group PLC (LON:VTY)’s share price traded down 16.1% on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). 4,971,120 shares changed hands during 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 Upgrades and Downgrades

Separately, JPMorgan Chase & Co. cut their target price 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 report on Thursday, December 5th.

Vistry Group Stock Performance

The firm has a market capitalization of £1.83 billion, a price-to-earnings ratio of 752.05, a PEG ratio of -0.20 and a beta of 2.14. The firm’s 50 day simple moving average is GBX 768.49 and its 200 day simple moving average is GBX 1,108. 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 Buying and Selling

In related news, insider Helen Owers bought 4,000 shares of the firm’s stock in a transaction on Monday, October 14th. The shares were bought at an average price of GBX 944 ($11.83) per share, with a total value of £37,760 ($47,336.09). Also, insider Usman Nabi purchased 500,000 shares of Vistry Group stock in a transaction dated Friday, November 8th. The stock was bought at an average cost of GBX 737 ($9.24) per share, for a total transaction of £3,685,000 ($4,619,531.15). Insiders have purchased a total of 1,324,543 shares of company stock valued at $1,136,907,044 over the last ninety days. 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.