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

Shares of Vistry Group PLC (LON:VTY) traded down 16.1% during trading on Wednesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). 4,971,120 shares traded hands 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 price target 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 report on Thursday, December 5th.

Vistry Group Stock Down 16.1 %

The company’s fifty day simple moving average is GBX 760.20 and its 200 day simple moving average is GBX 1,102.80. The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15. The firm has a market capitalization of £1.83 billion, a PE ratio of 752.05, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14.

Insider Activity

In other Vistry Group news, insider Greg Fitzgerald purchased 20,498 shares of the firm’s stock in a transaction that occurred on Tuesday, October 8th. The stock was bought at an average cost of GBX 966 ($12.11) per share, for a total transaction of £198,010.68 ($248,227.00). Also, insider Usman Nabi acquired 500,000 shares of the business’s stock in a transaction on Friday, November 8th. The stock was acquired at an average price of GBX 737 ($9.24) per share, for a total transaction of £3,685,000 ($4,619,531.15). Insiders bought a total of 1,324,543 shares of company stock worth $1,136,907,044 in the last quarter. 0.64% of the stock is 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.