Vistry Group (LON:VTY) Share Price Breaks Below Fifty Day Moving Average – Should You Sell?

Vistry Group PLC (LON:VTY)’s stock price crossed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of GBX 258.38 and traded as low as GBX 255.76. Vistry Group shares last traded at GBX 257.46, with a volume of 1,296,873 shares traded.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on VTY. Jefferies Financial Group restated a “hold” rating and issued a GBX 272 price objective on shares of Vistry Group in a research report on Thursday, November 5th. Royal Bank Of Canada reissued an “underperform” rating and issued a GBX 180 price objective on shares of Vistry Group in a research report on Friday, September 18th. Finally, Berenberg Bank cut their target price on shares of Vistry Group from GBX 263 to GBX 252 and set a “hold” rating on the stock in a research note on Monday, September 28th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of GBX 400.62.

Vistry Group Stock Up 2.0%

The stock has a 50-day moving average of GBX 258.38 and a 200-day moving average of GBX 345.70. The firm has a market cap of £842.99 million, a price-to-earnings ratio of -1.68, a price-to-earnings-growth ratio of -0.20 and a beta of 1.91. The company has a current ratio of 2.36, a quick ratio of 0.56 and a debt-to-equity ratio of 30.07.

Vistry Group (LON:VTY) last issued its quarterly earnings data on Thursday, September 24th. The company reported GBX (18.80) earnings per share for the quarter. Vistry Group had a negative net margin of 14.73% and a negative return on equity of 16.57%. As a group, sell-side analysts forecast that Vistry Group PLC will post 108.46 EPS for the current fiscal year.

Insider Transactions at Vistry Group

In other news, insider Alice Woodwark bought 8,305 shares of the business’s stock in a transaction on Monday, October 5th. The stock was purchased at an average cost of GBX 241 per share, for a total transaction of £20,015.05. 1.23% of the stock is owned by corporate insiders.

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.