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

J D Wetherspoon plc (LON:JDW)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 667.22 and traded as high as GBX 740. J D Wetherspoon shares last traded at GBX 730, with a volume of 139,576 shares.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 460 price objective on shares of J D Wetherspoon in a report on Thursday, May 7th. Shore Capital Group reiterated a “hold” rating on shares of J D Wetherspoon in a research report on Friday, March 20th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 840 price target on shares of J D Wetherspoon in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 666.67.

J D Wetherspoon Stock Up 1.8%

The company has a debt-to-equity ratio of 358.49, a current ratio of 0.30 and a quick ratio of 0.19. The firm’s 50-day moving average is GBX 645.97 and its 200 day moving average is GBX 667.22. The stock has a market cap of £769.46 million, a price-to-earnings ratio of 12.85, a price-to-earnings-growth ratio of 3.39 and a beta of 1.11.

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.