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

Posted by Emily Schoerning on Dec 24th, 2024

Vistry Group PLC (LON:VTY – Get Free Report)’s stock price traded 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 changed 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).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reduced their target price on 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.

Read Our Latest Research Report on VTY

Vistry Group Stock Performance

The stock has a 50 day moving average price of GBX 768.49 and a two-hundred day moving average price of GBX 1,108. 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 company has a market capitalization of £1.83 billion, a price-to-earnings ratio of 752.05, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14.

Insiders Place Their Bets

In other news, insider Greg Fitzgerald purchased 20,498 shares of the firm’s stock in a transaction that occurred on Tuesday, October 8th. The shares were acquired at an average price of GBX 966 ($12.11) per share, for a total transaction of £198,010.68 ($248,227.00). Also, insider Helen Owers acquired 4,000 shares of the stock in a transaction that occurred on Monday, October 14th. The stock was purchased at an average price of GBX 944 ($11.83) per share, with a total value of £37,760 ($47,336.09). Insiders have purchased a total of 1,324,543 shares of company stock valued at $1,136,907,044 in the last 90 days. 0.64% of the stock is currently owned by insiders.

Vistry Group Company Profile

(Get Free Report)

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.