J D Wetherspoon (LON:JDW) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• J D Wetherspoon's stock has risen above its 200-day moving average, trading at GBX 744 ($10.01) after reaching a high of GBX 750 ($10.09).
• Analysts have mixed ratings for the company, with Deutsche Bank raising its price target but maintaining a "sell" rating, while Shore Capital reiterated a "hold" rating.
• The company has a debt-to-equity ratio of 283.19, indicating significant leverage, alongside other ratios that suggest financial challenges.

Shares of J D Wetherspoon plc (LON:JDW - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 668.04 ($8.99) and traded as high as GBX 750 ($10.09). J D Wetherspoon shares last traded at GBX 744 ($10.01), with a volume of 292,971 shares.

Analysts Set New Price Targets

JDW has been the topic of a number of recent analyst reports. Shore Capital reiterated a "hold" rating on shares of J D Wetherspoon in a report on Wednesday, July 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of J D Wetherspoon from GBX 450 ($6.05) to GBX 490 ($6.59) and gave the stock a "sell" rating in a report on Friday, July 11th.

J D Wetherspoon Stock Down 1.1%

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's 50-day moving average price is GBX 756.30 and its 200 day moving average price is GBX 669.35. The firm has a market cap of £863.40 million, a P/E ratio of 18.73, a PEG 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.