Vistry Group (LON:VTY) Stock Price Down 16.1% – Here’s Why

Posted by Alanna Baker on Dec 24th, 2024

Vistry Group PLC (LON:VTY – Get Free Report)’s share price fell 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 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).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reduced their price objective on Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating on the stock in a research report on Thursday, December 5th.

Read Our Latest Stock Report on VTY

Vistry Group Trading Down 16.1 %

The company’s 50-day moving average price is GBX 768.49 and its 200 day moving average price is GBX 1,108. The stock has a market cap 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. 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 Activity

In related news, insider Helen Owers purchased 4,000 shares of the business’s stock in a transaction that occurred on Monday, October 14th. The shares were purchased at an average cost of GBX 944 ($11.83) per share, for a total transaction of £37,760 ($47,336.09). Also, insider Usman Nabi bought 800,000 shares of Vistry Group stock in a transaction dated Thursday, October 10th. The stock was purchased at an average cost of GBX 931 ($11.67) per share, with a total value of £7,448,000 ($9,336,843.42). In the last three months, insiders have purchased 1,324,543 shares of company stock valued at $1,136,907,044. Company insiders own 0.64% of the company’s stock.

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.