Whitbread (OTCMKTS:WTBDY) Sees Strong Trading Volume – What’s Next?

Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY – Get Free Report) saw unusually-high trading volume on Friday. 61,746 shares were traded during mid-day trading, an increase of 127% from the previous session’s volume of 27,199 shares. The stock last traded at $8.01 and had previously closed at $7.8450.

Wall Street Analyst Weigh In

Several research firms have recently commented on WTBDY. Citigroup restated a “buy” rating on shares of Whitbread in a research report on Friday, August 21st. Jefferies Financial Group reiterated a “hold” rating on shares of Whitbread in a report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on Whitbread

Whitbread Price Performance

The company’s 50-day simple moving average is $8.09 and its 200 day simple moving average is $8.00.

Whitbread Company Profile

(Get Free Report)

Whitbread PLC is a British hospitality company best known for operating Premier Inn, the United Kingdom’s largest hotel brand. Premier Inn serves business and leisure travelers through hotels located in city centers, airports, transport hubs and popular tourist destinations, with accommodation offered across the United Kingdom and Germany.

In addition to its hotel operations, Whitbread runs a number of restaurant brands associated with its hotels, including Beefeater and Brewers Fayre.

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