Vistry Group (LON:VTY) Trading Up 9.4% - Here's Why

Shares of Vistry Group PLC (LON:VTY - Get Free Report) were up 9.4% during trading on Tuesday . The company traded as high as GBX 654 ($8.90) and last traded at GBX 654 ($8.90). Approximately 2,555,235 shares were traded during trading, a decline of 26% from the average daily volume of 3,431,356 shares. The stock had previously closed at GBX 597.80 ($8.14).

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada upped their target price on Vistry Group from GBX 475 ($6.47) to GBX 500 ($6.81) and gave the company an "underperform" rating in a research note on Friday, March 28th.

Vistry Group Stock Performance

The company has a market capitalization of £2.18 billion, a price-to-earnings ratio of 8.87, a PEG ratio of -0.20 and a beta of 2.14. The company has a debt-to-equity ratio of 22.15, a current ratio of 2.64 and a quick ratio of 0.56. The stock has a 50-day moving average price of GBX 606.77 and a 200-day moving average price of GBX 605.24.

Vistry Group (LON:VTY - Get Free Report) last posted its quarterly earnings results on Wednesday, March 26th. The company reported GBX 55.90 ($0.76) EPS for the quarter. Vistry Group had a return on equity of 7.69% and a net margin of 6.90%. As a group, analysts forecast that Vistry Group PLC will post 108.4606345 earnings per share for the current year.

Insiders Place Their Bets

In other Vistry Group news, insider Tim Lawlor sold 2,234 shares of the firm's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of GBX 593 ($8.07), for a total transaction of £13,247.62 ($18,036.24). Also, insider Helen Owers sold 3,734 shares of the business's stock in a transaction that occurred on Wednesday, April 9th. The shares were sold at an average price of GBX 528 ($7.19), for a total value of £19,715.52 ($26,842.10). In the last three months, insiders have acquired 75 shares of company stock worth $45,120. Corporate insiders own 0.64% of the company's stock.

Vistry Group Company Profile

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.