Vistry Group (LON:VTY) Trading Down 16.1% – Here’s What Happened

Posted by Michael Baxter on Dec 27th, 2024

Vistry Group PLC (LON:VTY – Get Free Report)’s share price traded down 16.1% during trading on Wednesday . The stock traded as low as GBX 523 ($6.55) and last traded at GBX 549 ($6.88). 4,971,120 shares changed 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).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. dropped their target price on shares of 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.

Get Our Latest Stock Analysis on Vistry Group

Vistry Group Stock Up 0.9 %

The stock has a market cap of £1.84 billion, a PE ratio of 756.85, a P/E/G ratio of -0.20 and a beta of 2.14. The business has a 50 day moving average of GBX 743.04 and a 200-day moving average of GBX 1,092.73. The company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15.

Insider Activity at Vistry Group

In other news, insider Helen Owers bought 4,000 shares of the stock in a transaction dated Monday, October 14th. The shares were acquired at an average price of GBX 944 ($11.83) per share, with a total value of £37,760 ($47,318.30). Also, insider Usman Nabi purchased 800,000 shares of the business’s stock in a transaction that occurred on Thursday, October 10th. The shares were purchased at an average cost of GBX 931 ($11.67) per share, with a total value of £7,448,000 ($9,333,333.33). Insiders acquired a total of 1,324,543 shares of company stock worth $1,136,907,044 in the last 90 days. 0.64% of the stock is owned by insiders.

Vistry Group Company Profile

(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.