J d Wetherspoon (OTCMKTS:JDWPY) Cut to Strong Sell at Barclays

J d Wetherspoon (OTCMKTS:JDWPY) was downgraded by Barclays from a “strong-buy” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports.

J d Wetherspoon Price Performance

Shares of JDWPY stock opened at $46.00 on Tuesday. J d Wetherspoon has a fifty-two week low of $44.48 and a fifty-two week high of $46.00. The stock’s 50-day moving average is $44.67 and its two-hundred day moving average is $44.19. The company has a quick ratio of 0.19, a current ratio of 0.28 and a debt-to-equity ratio of 3.09.

J d Wetherspoon Company Profile

J D Wetherspoon plc operates one of the largest pub chains in the United Kingdom and Ireland, offering a broad portfolio of food and beverage services. The company’s pubs provide traditional British pub fare alongside a selection of real ales, craft beers, spirits, soft drinks and specialty coffees. In addition to core food and drink offerings, many locations feature breakfast menus, light bites and themed events, catering to a diverse demographic of casual diners, families and pub patrons.

Founded in 1979 by Tim Martin with the opening of “The Moon Under Water” in Muswell Hill, north London, Wetherspoon has expanded through both freehold acquisitions and long-term leases.