J D Wetherspoon (LON:JDW) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of J D Wetherspoon plc (LON:JDWGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 692.13 and traded as high as GBX 728.50. J D Wetherspoon shares last traded at GBX 724.50, with a volume of 169,796 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages have commented on JDW. Shore Capital Group reiterated a “hold” rating on shares of J D Wetherspoon in a research report on Wednesday, November 5th. Peel Hunt reaffirmed a “hold” rating and set a GBX 700 price target on shares of J D Wetherspoon in a research note on Wednesday, November 5th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of GBX 595.

Check Out Our Latest Research Report on J D Wetherspoon

J D Wetherspoon Trading Up 0.3%

The business’s 50 day simple moving average is GBX 719.44 and its 200-day simple moving average is GBX 692.13. The company has a debt-to-equity ratio of 283.19, a current ratio of 0.35 and a quick ratio of 0.19. The stock has a market capitalization of £765.77 million, a P/E ratio of 12.79, a PEG ratio of 3.39 and a beta of 1.34.

Insider Activity

In related news, insider Ben Whitley sold 6,931 shares of J D Wetherspoon stock in a transaction on Monday, January 26th. The stock was sold at an average price of GBX 679, for a total transaction of £47,061.49. In the last 90 days, insiders acquired 88 shares of company stock valued at $60,232. 29.89% of the stock is owned by company insiders.

J D Wetherspoon Company Profile

(Get Free Report)

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.

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