J D Wetherspoon (LON:JDW) Share Price Passes Above 200-Day Moving Average – Should You Sell?

J D Wetherspoon plc (LON:JDW)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 609.45 ($8.10) and traded as high as GBX 686 ($9.12). J D Wetherspoon shares last traded at GBX 679.50 ($9.03), with a volume of 353,324 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reissued a “hold” rating on shares of J D Wetherspoon in a research report on Friday, March 21st.

J D Wetherspoon Price Performance

The company has a debt-to-equity ratio of 283.19, a quick ratio of 0.19 and a current ratio of 0.35. The business has a 50-day simple moving average of GBX 593.66 and a 200 day simple moving average of GBX 609.29. The firm has a market cap of £797.12 million, a P/E ratio of 17.29, a price-to-earnings-growth ratio of 3.39 and a beta of 1.34.

J D Wetherspoon Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 1st will be issued a dividend of GBX 4 ($0.05) per share. The ex-dividend date is Thursday, May 1st. This represents a dividend yield of 0.67%. J D Wetherspoon’s dividend payout ratio is presently 30.53%.

J D Wetherspoon Company Profile

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.