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

J D Wetherspoon plc (LON:JDW)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 analysts recently weighed in on the stock. Peel Hunt reiterated a “hold” rating and issued a GBX 700 price target on shares of J D Wetherspoon in a research report on Wednesday, November 5th. Shore Capital Group reaffirmed a “hold” rating on shares of J D Wetherspoon in a research note on Wednesday, November 5th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of GBX 595.

J D Wetherspoon Stock Performance

The company has a market cap of £765.77 million, a price-to-earnings ratio of 12.79, a price-to-earnings-growth ratio of 3.39 and a beta of 1.34. 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 50-day moving average price of GBX 719.44 and a 200 day moving average price of GBX 692.13.

Insider Transactions at J D Wetherspoon

In other J D Wetherspoon news, insider Ben Whitley sold 6,931 shares of the firm’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of GBX 679, for a total transaction of £47,061.49. Over the last three months, insiders purchased 88 shares of company stock worth $60,232. 29.89% of the stock is currently owned by corporate 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.