J D Wetherspoon (LON:JDW) Stock Passes Above 200 Day Moving Average – What’s Next?

by · The Cerbat Gem

J D Wetherspoon plc (LON:JDWGet Free Report)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 688.39 and traded as high as GBX 808. J D Wetherspoon shares last traded at GBX 802.81, with a volume of 183,088 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated a “hold” rating on shares of J D Wetherspoon in a research report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 666.67.

Get Our Latest Research Report on JDW

J D Wetherspoon Stock Performance

The business has a fifty day moving average price of GBX 787.53 and a 200-day moving average price of GBX 689.25. The company has a quick ratio of 0.19, a current ratio of 0.30 and a debt-to-equity ratio of 358.49. The stock has a market capitalization of £824.80 million, a P/E ratio of 13.78, a P/E/G ratio of 3.39 and a beta of 1.13.

J D Wetherspoon Company Profile

(Get Free Report)

J D Wetherspoon owns and operates pubs and hotels throughout the UK and Ireland. The company aims to provide customers with good-quality food and drinks, served by well-trained and friendly staff, at reasonable prices.

The pubs are individually designed, and the company aims to maintain them in excellent condition.

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