Vistry Group (LON:VTY) Shares Down 3% - Time to Sell?

Vistry Group PLC (LON:VTY - Get Free Report)'s stock price was down 3% during mid-day trading on Wednesday . The company traded as low as GBX 620 ($8.25) and last traded at GBX 623.20 ($8.29). Approximately 750,547 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 4,031,913 shares. The stock had previously closed at GBX 642.60 ($8.55).

Analysts Set New Price Targets

Separately, Royal Bank of Canada increased their price objective on Vistry Group from GBX 475 ($6.32) to GBX 500 ($6.65) and gave the company an "underperform" rating in a research note on Friday, March 28th.

Vistry Group Stock Performance

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 firm's 50-day moving average price is GBX 598.27 and its two-hundred day moving average price is GBX 634.45. The stock has a market cap of £1.99 billion, a price-to-earnings ratio of 8.10, a PEG ratio of -0.20 and a beta of 2.14.

Vistry Group (LON:VTY - Get Free Report) last announced its quarterly earnings results on Wednesday, March 26th. The company reported GBX 55.90 ($0.74) EPS for the quarter. Vistry Group had a return on equity of 7.69% and a net margin of 6.90%. On average, analysts expect that Vistry Group PLC will post 108.4606345 EPS for the current fiscal year.

Insiders Place Their Bets

In other Vistry Group news, insider Helen Owers sold 3,734 shares of Vistry Group stock in a transaction dated Wednesday, April 9th. The stock was sold at an average price of GBX 528 ($7.02), for a total transaction of £19,715.52 ($26,227.91). Also, insider Tim Lawlor sold 2,234 shares of the firm's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of GBX 593 ($7.89), for a total value of £13,247.62 ($17,623.55). 0.64% of the stock is owned by insiders.

About Vistry Group

Vistry Group is one of the UK's leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith. Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England.