Vistry Group (LON:VTY) Reaches New 52-Week Low - Here's Why

Vistry Group PLC (LON:VTY - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 519 ($6.39) and last traded at GBX 525.50 ($6.47), with a volume of 6520062 shares traded. The stock had previously closed at GBX 537 ($6.61).

Analysts Set New Price Targets

Several brokerages have commented on VTY. JPMorgan Chase & Co. lowered their price objective on shares of Vistry Group from GBX 830 ($10.21) to GBX 690 ($8.49) and set a "neutral" rating for the company in a research report on Thursday, December 5th. Berenberg Bank lowered their price target on Vistry Group from GBX 750 ($9.23) to GBX 650 ($8.00) and set a "hold" rating for the company in a report on Thursday, January 2nd.

Vistry Group Stock Performance

The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. The firm has a market cap of £1.75 billion, a P/E ratio of 717.37, a P/E/G ratio of -0.20 and a beta of 2.14. The company's 50 day moving average is GBX 661.55 and its 200 day moving average is GBX 1,045.59.

Insider Activity

In related news, insider Usman Nabi purchased 500,000 shares of Vistry Group stock in a transaction on Friday, November 8th. The shares were purchased at an average price of GBX 737 ($9.07) per share, for a total transaction of £3,685,000 ($4,534,268.49). Also, insider Helen Owers bought 4,000 shares of the firm's stock in a transaction on Monday, October 14th. The shares were purchased at an average cost of GBX 944 ($11.62) per share, with a total value of £37,760 ($46,462.41). In the last ninety days, insiders bought 504,045 shares of company stock worth $372,305,976. 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.