J D Wetherspoon (LON:JDW) Reaches New 12-Month Low – Here’s What Happened

J D Wetherspoon plc (LON:JDWGet Free Report) hit a new 52-week low during trading on Saturday . The company traded as low as GBX 526 ($6.79) and last traded at GBX 541 ($6.99), with a volume of 3169323 shares trading hands. The stock had previously closed at GBX 597 ($7.71).

Analysts Set New Price Targets

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

Read Our Latest Analysis on J D Wetherspoon

J D Wetherspoon Price Performance

The company’s 50-day simple moving average is GBX 599.65 and its 200 day simple moving average is GBX 637.51. The company has a market capitalization of £634.65 million, a P/E ratio of 13.77, a P/E/G ratio of 3.39 and a beta of 1.34. The company has a quick ratio of 0.19, a current ratio of 0.35 and a debt-to-equity ratio of 283.19.

J D Wetherspoon Cuts Dividend

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

About J D Wetherspoon

(Get Free Report)

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.

Further Reading

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