Vistry Group (LON:VTY) Reaches New 52-Week Low – Time to Sell?

Shares of Vistry Group PLC (LON:VTY) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 250.20 and last traded at GBX 250.94, with a volume of 10865938 shares trading hands. The stock had previously closed at GBX 263.82.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on VTY shares. Jefferies Financial Group reiterated a “hold” rating and set a GBX 511 price target on shares of Vistry Group in a research note on Wednesday, May 13th. JPMorgan Chase & Co. cut their price target on Vistry Group from GBX 530 to GBX 430 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. Bank of America cut their price target on Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating for the company in a research note on Monday, March 30th. Deutsche Bank Aktiengesellschaft downgraded Vistry Group to a “hold” rating and cut their price target for the company from GBX 803 to GBX 600 in a research note on Thursday, March 5th. Finally, Royal Bank Of Canada cut their price target on Vistry Group from GBX 475 to GBX 385 and set a “buy” rating for the company in a research note on Thursday, March 5th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 531.80.

Vistry Group Price Performance

The company has a debt-to-equity ratio of 17.93, a quick ratio of 0.56 and a current ratio of 2.52. The business has a 50 day moving average price of GBX 310.85 and a two-hundred day moving average price of GBX 502.97. The stock has a market cap of £773.97 million, a PE ratio of 5.80, a P/E/G ratio of -0.20 and a beta of 1.88.

Insider Activity at Vistry Group

In related news, insider Greg Fitzgerald sold 34,642 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of GBX 357, for a total value of £123,671.94. Also, insider Rob Woodward acquired 18,319 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The stock was purchased at an average price of GBX 353 per share, for a total transaction of £64,666.07. Over the last quarter, insiders have bought 18,456 shares of company stock worth $6,512,073. Insiders own 1.21% of the company’s stock.

About Vistry Group

Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.

Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.

Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.

We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.