Vistry Group PLC (LON:VTY - Get Free Report)'s share price traded down 16.1% during trading on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). 4,971,120 shares traded hands during mid-day 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).
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. reduced their price objective on shares of Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a "neutral" rating for the company in a research report on Thursday, December 5th.
Read Our Latest Research Report on VTY
Vistry Group Price Performance
The company has a debt-to-equity ratio of 22.15, a current ratio of 2.64 and a quick ratio of 0.56. The firm has a market cap of £1.83 billion, a price-to-earnings ratio of 752.05, a PEG ratio of -0.20 and a beta of 2.14. The stock has a 50-day moving average price of GBX 768.49 and a 200 day moving average price of GBX 1,108.
Insiders Place Their Bets
In related news, insider Helen Owers purchased 4,000 shares of the company's stock in a transaction that occurred on Monday, October 14th. The shares were purchased at an average price of GBX 944 ($11.83) per share, for a total transaction of £37,760 ($47,336.09). Also, insider Usman Nabi acquired 500,000 shares of Vistry Group stock in a transaction on Friday, November 8th. The shares were bought at an average cost of GBX 737 ($9.24) per share, with a total value of £3,685,000 ($4,619,531.15). Insiders have bought a total of 1,324,543 shares of company stock valued at $1,136,907,044 over the last quarter. Company insiders own 0.64% of the company's stock.
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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