Vistry Group (LON:VTY) Trading Down 16.1% – Time to Sell?

Shares of Vistry Group PLC (LON:VTY) traded down 16.1% during mid-day trading on Wednesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.89). 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).

Wall Street Analyst Weigh In

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

Vistry Group Trading Down 16.1 %

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 business’s 50-day simple moving average is GBX 751.78 and its two-hundred day simple moving average is GBX 1,097.66. The stock 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.

Insider Buying and Selling

In other news, insider Greg Fitzgerald acquired 20,498 shares of the company’s stock in a transaction dated Tuesday, October 8th. The shares were bought at an average price of GBX 966 ($12.12) per share, for a total transaction of £198,010.68 ($248,351.54). Also, insider Helen Owers bought 4,000 shares of Vistry Group stock in a transaction dated Monday, October 14th. The shares were purchased at an average cost of GBX 944 ($11.84) per share, for a total transaction of £37,760 ($47,359.84). In the last three months, insiders acquired 1,324,543 shares of company stock valued at $1,136,907,044. 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.