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

Vistry Group PLC (LON:VTY) was down 16.1% during mid-day trading on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). 4,971,120 shares were traded during trading, an increase of 148% from the average daily 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. cut their price target on shares of 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 Trading Down 16.1 %

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. The company’s 50-day moving average is GBX 768.49 and its 200-day moving average is GBX 1,108.

Insider Buying and Selling

In other news, insider Helen Owers purchased 4,000 shares of Vistry Group stock in a transaction dated Monday, October 14th. The shares were bought at an average cost of GBX 944 ($11.83) per share, with a total value of £37,760 ($47,336.09). Also, insider Greg Fitzgerald acquired 20,498 shares of the company’s stock in a transaction that occurred on Tuesday, October 8th. The shares were acquired at an average cost of GBX 966 ($12.11) per share, for a total transaction of £198,010.68 ($248,227.00). Insiders bought a total of 1,324,543 shares of company stock worth $1,136,907,044 over the last three months. 0.64% of the stock is currently owned by company 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.