J D Wetherspoon (LON:JDW) Hits New 1-Year Low – Here’s What Happened

J D Wetherspoon plc (LON:JDW) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 610 ($7.91) and last traded at GBX 611 ($7.92), with a volume of 365541 shares trading hands. The stock had previously closed at GBX 614 ($7.96).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “hold” rating on shares of J D Wetherspoon in a research note on Friday, October 4th.

J D Wetherspoon Stock Performance

The company has a debt-to-equity ratio of 284.38, a current ratio of 0.35 and a quick ratio of 0.19. The company has a market capitalization of £751.61 million, a PE ratio of 1,558.97, a P/E/G ratio of 3.39 and a beta of 1.34. The stock has a 50-day simple moving average of GBX 712.98 and a 200 day simple moving average of GBX 738.05.

J D Wetherspoon Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, November 28th. Investors of record on Thursday, October 24th will be paid a GBX 12 ($0.16) dividend. This represents a yield of 1.64%. This is a boost from J D Wetherspoon’s previous dividend of $8.00. The ex-dividend date is Thursday, October 24th. J D Wetherspoon’s dividend payout ratio is presently 3,076.92%.

About J D Wetherspoon

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The company was founded in 1979 and is based in Watford, the United Kingdom.