Zacks Investment Research downgraded shares of J D Wetherspoon (OTCMKTS:JDWPY) from a hold rating to a sell rating in a report released on Thursday, Zacks.com reports.

According to Zacks, “JD Wetherspoon Plc owns and operates pubs. The principal activity of the company is development and management of public houses. It operates primarily in United Kingdom. JD Wetherspoon Plc is headquartered in Watford, the United Kingdom. “

Shares of JDWPY opened at $95.28 on Thursday. J D Wetherspoon has a one year low of $69.47 and a one year high of $89.71. The firm has a market capitalization of $2.01 billion, a P/E ratio of 22.37 and a beta of 0.47. The business has a fifty day moving average of $91.79 and a 200 day moving average of $88.25.

About J D Wetherspoon

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. As of July 24, 2017, it operated 895 pubs. The company was founded in 1979 and is headquartered in Watford, the United Kingdom.

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