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

Vistry Group PLC (LON:VTY) shares traded down 16.1% during trading on Wednesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.89). 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. cut their target price on shares of Vistry Group from GBX 830 ($10.41) to GBX 690 ($8.65) and set a “neutral” rating for the company in a research report on Thursday, December 5th.

Vistry Group Trading Down 16.1 %

The company’s 50-day moving average is GBX 751.78 and its 200-day moving average is GBX 1,097.66. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. The firm has a market cap of £1.83 billion, a price-to-earnings ratio of 752.05, a P/E/G ratio of -0.20 and a beta of 2.14.

Insider Activity

In other news, insider Usman Nabi acquired 800,000 shares of the stock in a transaction that occurred on Thursday, October 10th. The stock was purchased at an average cost of GBX 931 ($11.68) per share, for a total transaction of £7,448,000 ($9,341,527.66). Also, insider Greg Fitzgerald bought 20,498 shares of Vistry Group stock in a transaction dated Tuesday, October 8th. The stock was acquired at an average cost of GBX 966 ($12.12) per share, for a total transaction of £198,010.68 ($248,351.54). Insiders have purchased 1,324,543 shares of company stock valued at $1,136,907,044 over the last three months. 0.64% of the stock is 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.