J D Wetherspoon (LON:JDW) Reaches New 52-Week High - Should You Buy?

J D Wetherspoon plc (LON:JDW - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 804 ($10.80) and last traded at GBX 804 ($10.80), with a volume of 43319 shares changing hands. The stock had previously closed at GBX 780 ($10.48).

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Deutsche Bank Aktiengesellschaft raised their price objective on J D Wetherspoon from GBX 450 ($6.05) to GBX 490 ($6.59) and gave the company a "sell" rating in a report on Friday, July 11th. Shore Capital reissued a "hold" rating on shares of J D Wetherspoon in a report on Wednesday.

J D Wetherspoon Stock Performance

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 firm has a fifty day simple moving average of GBX 753.45 and a 200 day simple moving average of GBX 659.05. The company has a market capitalization of £927.33 million, a price-to-earnings ratio of 20.11, a price-to-earnings-growth ratio of 3.39 and a beta of 1.34.

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.