J D Wetherspoon (LON:JDW) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

J D Wetherspoon plc (LON:JDW) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 692.71 and traded as high as GBX 769. J D Wetherspoon shares last traded at GBX 761.21, with a volume of 202,614 shares changing hands.

Analyst Upgrades and Downgrades

JDW has been the subject of several recent analyst reports. Shore Capital Group reaffirmed a “hold” rating on shares of J D Wetherspoon in a research note 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 equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, J D Wetherspoon currently has a consensus rating of “Reduce” and a consensus target price of GBX 595.

J D Wetherspoon Stock Down 0.6%

The company has a current ratio of 0.35, a quick ratio of 0.19 and a debt-to-equity ratio of 283.19. The company has a 50-day simple moving average of GBX 725.73 and a 200 day simple moving average of GBX 692.71. The company has a market cap of £796.08 million, a P/E ratio of 13.30, a P/E/G ratio of 3.39 and a beta of 1.34.

Insider Transactions at J D Wetherspoon

In other J D Wetherspoon news, insider Ben Whitley sold 6,931 shares of the company’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of GBX 679, for a total value of £47,061.49. 29.89% of the stock is currently owned by company insiders.

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.