Vistry Group (LON:VTY) Shares Down 16.1% – What’s Next?

Vistry Group PLC (LON:VTY)’s stock price fell 16.1% during trading on Wednesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). 4,971,120 shares traded 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).

Wall Street Analysts Forecast Growth

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 research note on Thursday, December 5th.

Vistry Group Price Performance

The company has a debt-to-equity ratio of 22.15, a current ratio of 2.64 and a quick ratio of 0.56. The firm has a market cap of £1.83 billion, a P/E ratio of 752.05, a PEG ratio of -0.20 and a beta of 2.14. The company’s 50-day moving average is GBX 760.20 and its two-hundred day moving average is GBX 1,102.80.

Insider Activity at Vistry Group

In other news, insider Usman Nabi purchased 800,000 shares of the business’s stock in a transaction on Thursday, October 10th. The shares were acquired at an average price of GBX 931 ($11.67) per share, with a total value of £7,448,000 ($9,336,843.42). Also, insider Helen Owers bought 4,000 shares of the stock in a transaction on Monday, October 14th. The stock was acquired at an average price of GBX 944 ($11.83) per share, with a total value of £37,760 ($47,336.09). Insiders have bought 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.