Shares of Vistry Group PLC (LON:VTY - Get Free Report) traded down 16.1% on Wednesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.89). 4,971,120 shares changed 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 ($10.41) to GBX 690 ($8.65) and set a "neutral" rating for the company in a research note on Thursday, December 5th.
Get Our Latest Stock Report on VTY
Vistry Group Trading Down 16.1 %
The stock 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. 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 fifty day moving average of GBX 751.78 and a two-hundred day moving average of GBX 1,097.66.
Insider Activity
In related news, insider Helen Owers acquired 4,000 shares of the stock in a transaction dated Monday, October 14th. The shares were acquired at an average price of GBX 944 ($11.84) per share, for a total transaction of £37,760 ($47,359.84). Also, insider Usman Nabi bought 500,000 shares of the business's stock in a transaction that occurred on Friday, November 8th. The shares were bought at an average price of GBX 737 ($9.24) per share, with a total value of £3,685,000 ($4,621,848.74). Insiders have bought a total of 1,324,543 shares of company stock valued at $1,136,907,044 over the last 90 days. 0.64% of the stock is currently owned by company insiders.
About Vistry Group
(
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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.
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