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

Shares of Vistry Group PLC (LON:VTY) fell 16.1% on Tuesday . 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 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 Upgrades and Downgrades

Separately, JPMorgan Chase & Co. dropped their price objective 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 research report on Thursday, December 5th.

Vistry Group Stock Performance

The company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15. The company has a 50-day moving average of GBX 768.49 and a 200-day moving average of GBX 1,108. The firm 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.

Insider Buying and Selling

In related news, insider Usman Nabi bought 800,000 shares of the stock in a transaction on Thursday, October 10th. The shares were purchased at an average price of GBX 931 ($11.67) per share, with a total value of £7,448,000 ($9,336,843.42). Also, insider Greg Fitzgerald bought 20,498 shares of the company’s stock in a transaction that occurred on Tuesday, October 8th. The shares were purchased at an average cost of GBX 966 ($12.11) per share, for a total transaction of £198,010.68 ($248,227.00). Insiders purchased a total of 1,324,543 shares of company stock worth $1,136,907,044 in the last three months. 0.64% of the stock is owned by insiders.

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.