Vistry Group PLC (LON:VTY - Get Free Report) shares fell 16.4% during mid-day trading on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 546.66 ($6.85). 449,279,031 shares traded hands during mid-day trading, an increase of 11,811% from the average session volume of 3,772,058 shares. The stock had previously closed at GBX 654 ($8.20).
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. dropped their price target on Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a "neutral" rating on the stock in a research report on Thursday, December 5th.
Read Our Latest Research Report on Vistry Group
Vistry Group Stock Down 16.1 %
The firm's 50-day simple moving average is GBX 760.20 and its 200-day simple moving average is GBX 1,102.80. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. The company has a market capitalization of £1.83 billion, a price-to-earnings ratio of 752.05, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14.
Insider Activity at Vistry Group
In other Vistry Group news, insider Helen Owers purchased 4,000 shares of the company's stock in a transaction that occurred on Monday, October 14th. The stock was purchased at an average price of GBX 944 ($11.83) per share, with a total value of £37,760 ($47,336.09). Also, insider Usman Nabi acquired 500,000 shares of the firm's stock in a transaction on Friday, November 8th. The shares were bought at an average cost of GBX 737 ($9.24) per share, for a total transaction of £3,685,000 ($4,619,531.15). Over the last 90 days, insiders purchased 1,324,543 shares of company stock worth $1,136,907,044. 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.
Read More
Before you consider Vistry Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vistry Group wasn't on the list.
While Vistry Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
