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

J D Wetherspoon plc (LON:JDW)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 825 and last traded at GBX 805.39, with a volume of 7658 shares trading hands. The stock had previously closed at GBX 806.50.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Shore Capital Group reaffirmed a “hold” rating on shares of J D Wetherspoon in a research note on Wednesday, July 22nd. 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. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 460 price target on shares of J D Wetherspoon in a report on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of GBX 666.67.

J D Wetherspoon Trading Up 0.5%

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 stock has a market capitalization of £854.71 million, a P/E ratio of 14.28, a P/E/G ratio of 3.39 and a beta of 1.11. The firm’s 50 day simple moving average is GBX 715.96 and its two-hundred day simple moving average is GBX 670.28.

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.