Vistry Group (LON:VTY) Shares Up 1.7% - Here's What Happened

Vistry Group PLC (LON:VTY - Get Free Report) shares were up 1.7% during mid-day trading on Thursday . The company traded as high as GBX 621 ($7.70) and last traded at GBX 603 ($7.47). Approximately 2,786,096 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 3,617,417 shares. The stock had previously closed at GBX 593 ($7.35).

Analyst Upgrades and Downgrades

A number of research firms have weighed in on VTY. Berenberg Bank cut their price objective on shares of Vistry Group from GBX 750 ($9.29) to GBX 650 ($8.05) and set a "hold" rating on the stock in a report on Thursday, January 2nd. JPMorgan Chase & Co. cut their price target on shares of Vistry Group from GBX 830 ($10.29) to GBX 690 ($8.55) and set a "neutral" rating on the stock in a research note on Thursday, December 5th.

Vistry Group Stock Performance

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 stock has a fifty day moving average price of GBX 600.25 and a 200-day moving average price of GBX 945.06. The firm has a market cap of £2.02 billion, a price-to-earnings ratio of 829.45, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14.

Vistry Group Company Profile

Vistry Group is one of the UK's leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith. Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England.