J D Wetherspoon (LON:JDW) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

J D Wetherspoon plc (LON:JDW)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 633.50 ($8.69) and traded as high as GBX 769 ($10.55). J D Wetherspoon shares last traded at GBX 768 ($10.54), with a volume of 108,835 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “hold” rating on shares of J D Wetherspoon in a research note on Wednesday, May 7th.

J D Wetherspoon Price Performance

The business’s fifty day moving average price is GBX 708.97 and its 200 day moving average price is GBX 633.50. The company has a debt-to-equity ratio of 283.19, a current ratio of 0.35 and a quick ratio of 0.19. The stock has a market cap of £900.94 million, a P/E ratio of 19.54, a PEG ratio of 3.39 and a beta of 1.34.

About J D Wetherspoon

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.