J D Wetherspoon (LON:JDW) Hits New 52-Week High – Here’s What Happened

J D Wetherspoon plc (LON:JDW) shares reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 817 and last traded at GBX 817, with a volume of 472336 shares trading hands. The stock had previously closed at GBX 778.

Wall Street Analyst Weigh In

Several research firms have weighed in on JDW. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and set a GBX 460 target price on shares of J D Wetherspoon in a report on Thursday, May 7th. Shore Capital Group reaffirmed a “hold” rating on shares of J D Wetherspoon in a research report on Wednesday, July 22nd. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 840 price objective on shares of J D Wetherspoon in a report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of GBX 666.67.

J D Wetherspoon Trading Down 1.3%

The company has a quick ratio of 0.19, a current ratio of 0.30 and a debt-to-equity ratio of 358.49. The business’s fifty day moving average is GBX 693.60 and its 200 day moving average is GBX 667.87. The firm has a market capitalization of £850.08 million, a price-to-earnings ratio of 14.20, a price-to-earnings-growth ratio of 3.39 and a beta of 1.11.

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.