Vistry Group (LON:VTY) Stock Price Down 16.7% - What's Next?

Shares of Vistry Group PLC (LON:VTY - Get Free Report) dropped 16.7% during mid-day trading on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 544.50 ($6.83). Approximately 449,724,938 shares changed hands during trading, an increase of 11,817% from the average daily volume of 3,773,834 shares. The stock had previously closed at GBX 654 ($8.20).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lowered their target price on Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a "neutral" rating on the stock in a report on Thursday, December 5th.

Vistry Group Trading Down 16.1 %

The firm 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. 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 firm's 50 day moving average is GBX 768.49 and its 200 day moving average is GBX 1,108.

Insider Buying and Selling at Vistry Group

In related news, insider Usman Nabi acquired 500,000 shares of the business's stock in a transaction on Friday, November 8th. The shares were purchased at an average price of GBX 737 ($9.24) per share, for a total transaction of £3,685,000 ($4,619,531.15). Also, insider Greg Fitzgerald acquired 20,498 shares of Vistry Group stock in a transaction on Tuesday, October 8th. The shares were purchased at an average cost of GBX 966 ($12.11) per share, with a total value of £198,010.68 ($248,227.00). Over the last 90 days, insiders have purchased 1,324,543 shares of company stock valued at $1,136,907,044. Corporate insiders own 0.64% of the company's stock.

Vistry Group Company Profile

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.