Vistry Group (LON:VTY) Trading Down 16.1% - What's Next?

Vistry Group PLC (LON:VTY) experienced a significant drop in its stock price, falling by 16.1% on Tuesday. The shares traded at a low of GBX 523 ($6.56) and were last seen at GBX 549 ($6.88). During mid-day trading, the volume surged to 4,971,120 shares, marking an increase of 148% compared to the average session volume of 2,001,906 shares. For context, the stock had previously closed at GBX 654 ($8.20).

Analyst Ratings Changes

In other news, JPMorgan Chase & Co. adjusted its price target for Vistry Group shares from GBX 830 ($10.40) to GBX 690 ($8.65) and issued a "neutral" rating in a research report released on December 5th.

Vistry Group Price Performance

Vistry Group's stock demonstrates varied price performance, with a 50-day moving average of GBX 768.49 and a 200-day moving average of GBX 1,108. The company maintains a debt-to-equity ratio of 22.15, alongside a quick ratio of 0.56 and a current ratio of 2.64. Its market capitalization stands at £1.83 billion, with a P/E ratio of 752.05 and a beta of 2.14, indicating high volatility in comparison to the market.

Insider Activity

In recent insider trading activity, Usman Nabi acquired 500,000 shares of Vistry Group on November 8th at an average price of GBX 737 ($9.24), totaling £3,685,000 ($4,619,531.15). Additionally, insider Helen Owers purchased 4,000 shares on October 14th at an average price of GBX 944 ($11.83), equating to £37,760 ($47,336.09). Over the past 90 days, insiders have collectively acquired 1,324,543 shares valued at $1,136,907,044, with insiders owning 0.64% of the company’s stock.

About Vistry Group

Vistry Group PLC is a provider of housing solutions in the United Kingdom, operating through its subsidiaries. Formerly known as Bovis Homes Group PLC, the company rebranded to Vistry Group PLC in January 2020. Founded in 1885, Vistry Group is headquartered in West Malling, United Kingdom.

Recommended Stories

• Five stocks we like better than Vistry Group
• Why Special Dividends Can be a Delightful Surprise for Income Investors
• 5 Reasons DraftKings Stock Looks Promising in the New Year
• Why Invest in 5G? How to Invest in 5G Stocks
• Cybersecurity Stocks: 1 Immediate Buy and 1 Dip Opportunity
• Investing In Automotive Stocks
• The Next 2 AI Winners Have Triple-Digit Upside Potential

Investors should assess their positions carefully, considering this downturn in Vistry Group's stock price. Analysts currently categorize it as a "Hold," and those interested in stock market opportunities should explore top recommended stocks that outperform Vistry Group.

Vistry, stocks, analysis