Vistry Group PLC (LON:VTY - Get Free Report)'s share price dropped 16.1% during trading on Wednesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.89). Approximately 4,971,120 shares changed hands during mid-day trading, an increase of 148% from the average daily volume of 2,001,906 shares. The stock had previously closed at GBX 654 ($8.20).
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. cut their price target on shares of Vistry Group from GBX 830 ($10.41) to GBX 690 ($8.65) and set a "neutral" rating on the stock in a report on Thursday, December 5th.
Read Our Latest Stock Analysis on Vistry Group
Vistry Group Trading Down 16.1 %
The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15. The company has a market capitalization 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 stock's 50 day moving average is GBX 751.78 and its two-hundred day moving average is GBX 1,097.66.
Insider Activity at Vistry Group
In other Vistry Group news, insider Usman Nabi purchased 800,000 shares of the business's stock in a transaction that occurred on Thursday, October 10th. The shares were bought at an average price of GBX 931 ($11.68) per share, for a total transaction of £7,448,000 ($9,341,527.66). Also, insider Greg Fitzgerald acquired 20,498 shares of the company's stock in a transaction dated Tuesday, October 8th. The stock was acquired at an average cost of GBX 966 ($12.12) per share, for a total transaction of £198,010.68 ($248,351.54). Insiders have acquired a total of 1,324,543 shares of company stock valued at $1,136,907,044 over the last ninety days. 0.64% of the stock is 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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