Vistry Group PLC (LON:VTY - Get Free Report) was down 16.1% 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 were traded during 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).
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 on the stock in a research note on Thursday, December 5th.
Read Our Latest Stock Analysis on VTY
Vistry Group Price 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 firm's 50-day moving average price is GBX 751.78 and its 200-day moving average price is GBX 1,097.66. The stock has a market capitalization of £1.83 billion, a PE ratio of 752.05, a PEG ratio of -0.20 and a beta of 2.14.
Insiders Place Their Bets
In other news, insider Usman Nabi purchased 800,000 shares of the company's stock in a transaction that occurred on Thursday, October 10th. The stock was purchased at an average cost of GBX 931 ($11.68) per share, with a total value of £7,448,000 ($9,341,527.66). Also, insider Helen Owers acquired 4,000 shares of Vistry Group stock in a transaction that occurred on Monday, October 14th. The stock was purchased at an average cost of GBX 944 ($11.84) per share, for a total transaction of £37,760 ($47,359.84). Insiders have purchased 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 insiders.
About Vistry Group
(
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.
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