Vistry Group PLC (LON:VTY - Get Free Report) shares dropped 16.1% during mid-day trading on Wednesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.89). Approximately 4,971,120 shares traded 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. reduced their target price 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 research note on Thursday, December 5th.
Read Our Latest Report on Vistry Group
Vistry Group Stock 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 stock 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 firm's fifty day moving average is GBX 751.78 and its 200-day moving average is GBX 1,097.66.
Insider Activity
In other news, insider Usman Nabi acquired 800,000 shares of the company's stock in a transaction dated Thursday, October 10th. The stock was acquired 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 the business's stock in a transaction that occurred on Monday, October 14th. The stock was purchased at an average price of GBX 944 ($11.84) per share, for a total transaction of £37,760 ($47,359.84). 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.
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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