J D Wetherspoon (LON:JDW) Trading Down 7.3% – Should You Sell?

J D Wetherspoon plc (LON:JDWGet Free Report) shares fell 7.3% during trading on Friday . The stock traded as low as GBX 528 ($6.82) and last traded at GBX 553.50 ($7.15). 135,654 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 979,013 shares. The stock had previously closed at GBX 597 ($7.71).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “hold” rating on shares of J D Wetherspoon in a report on Friday.

Read Our Latest Research Report on J D Wetherspoon

J D Wetherspoon Stock Down 9.4 %

The company has a debt-to-equity ratio of 283.19, a quick ratio of 0.19 and a current ratio of 0.35. The company has a market capitalization of £634.65 million, a price-to-earnings ratio of 13.77, a price-to-earnings-growth ratio of 3.39 and a beta of 1.34. The firm’s 50-day simple moving average is GBX 599.65 and its 200-day simple moving average is GBX 637.51.

J D Wetherspoon Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 1st will be given a GBX 4 ($0.05) dividend. The ex-dividend date is Thursday, May 1st. This represents a yield of 0.67%. J D Wetherspoon’s dividend payout ratio is 30.53%.

J D Wetherspoon Company Profile

(Get Free Report)

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The company was founded in 1979 and is based in Watford, the United Kingdom.

Further Reading

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