J D Wetherspoon (LON:JDW) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

J D Wetherspoon plc (LON:JDW) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 689.11 ($9.34) and traded as high as GBX 736 ($9.98). J D Wetherspoon shares last traded at GBX 689 ($9.34), with a volume of 149,941 shares traded.

Analyst Ratings Changes

Several research firms recently commented on JDW. Deutsche Bank Aktiengesellschaft lifted their price objective on J D Wetherspoon from GBX 450 to GBX 490 and gave the stock a “sell” rating in a report on Friday, July 11th. Shore Capital reissued a “hold” rating on shares of J D Wetherspoon in a research report on Wednesday, July 23rd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, J D Wetherspoon currently has a consensus rating of “Reduce” and an average target price of GBX 490.

J D Wetherspoon Trading Down 0.3%

The stock has a fifty day moving average of GBX 729.86 and a 200 day moving average of GBX 689.11. 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 company has a market capitalization of £726.25 million, a PE ratio of 1,350.98, a PEG ratio of 3.39 and a beta of 1.34.

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.