J D Wetherspoon (LON:JDW) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Shares of J D Wetherspoon plc (LON:JDW) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 628.03 ($8.43) and traded as high as GBX 733 ($9.84). J D Wetherspoon shares last traded at GBX 731.50 ($9.82), with a volume of 115,858 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “hold” rating on shares of J D Wetherspoon in a report on Wednesday, May 7th.

J D Wetherspoon Price Performance

The business has a fifty day simple moving average of GBX 690.73 and a two-hundred day simple moving average of GBX 628.03. 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 stock has a market cap of £858.12 million, a PE ratio of 18.61, a P/E/G ratio of 3.39 and a beta of 1.34.

J D Wetherspoon Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 1st were issued a dividend of GBX 4 ($0.05) per share. The ex-dividend date was Thursday, May 1st. This represents a dividend yield of 0.67%. J D Wetherspoon’s dividend payout ratio (DPR) is 30.53%.

About J D Wetherspoon

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.