Vistry Group (LON:VTY) Hits New 52-Week Low – Here’s Why

Vistry Group PLC (LON:VTY) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 519 ($6.34) and last traded at GBX 525.50 ($6.42), with a volume of 6520062 shares changing hands. The stock had previously closed at GBX 537 ($6.56).

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on VTY shares. JPMorgan Chase & Co. lowered their price objective on Vistry Group from GBX 830 ($10.13) to GBX 690 ($8.42) and set a “neutral” rating on the stock in a research report on Thursday, December 5th. Berenberg Bank lowered their price target on Vistry Group from GBX 750 ($9.16) to GBX 650 ($7.94) and set a “hold” rating on the stock in a report on Thursday, January 2nd.

Vistry Group Trading Down 1.7 %

The stock’s 50 day simple moving average is GBX 661.55 and its 200 day simple moving average is GBX 1,045.59. The firm has a market cap of £1.73 billion, a PE ratio of 710.12, a PEG ratio of -0.20 and a beta of 2.14. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64.

Insider Buying and Selling

In other Vistry Group news, insider Helen Owers bought 4,000 shares of Vistry Group stock in a transaction that occurred on Monday, October 14th. The shares were bought at an average price of GBX 944 ($11.53) per share, with a total value of £37,760 ($46,105.01). Also, insider Usman Nabi bought 500,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was acquired at an average price of GBX 737 ($9.00) per share, for a total transaction of £3,685,000 ($4,499,389.50). Over the last ninety days, insiders purchased 504,045 shares of company stock worth $372,305,976. Corporate insiders own 0.64% of the company’s stock.

Vistry Group Company Profile

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.