J D Wetherspoon (LON:JDW) Stock Price Crosses Above 200 Day Moving Average - What's Next?

Key Points

• J D Wetherspoon's stock price has recently crossed above its 200-day moving average, reaching a high of GBX 739 ($10.02) before last trading at GBX 734 ($9.95).
• Analysts have mixed views, with Deutsche Bank raising its target price but maintaining a "sell" rating, while Shore Capital reaffirms a "hold" rating.
• The company's financial metrics show a debt-to-equity ratio of 283.19 and a market capitalization of £861.05 million.

J D Wetherspoon plc (LON:JDW - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 673.03 ($9.08) and traded as high as GBX 739 ($9.97). J D Wetherspoon shares last traded at GBX 734 ($9.90), with a volume of 111,422 shares.

Analysts Set New Price Targets

A number of research firms have recently commented on JDW. Deutsche Bank Aktiengesellschaft boosted their target price on shares of J D Wetherspoon from GBX 450 to GBX 490 and gave the stock a "sell" rating in a research report on Friday, July 11th. Shore Capital reaffirmed a "hold" rating on shares of J D Wetherspoon in a research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Reduce" and an average target price of GBX 490.

J D Wetherspoon Stock Performance

The company's fifty day simple moving average is GBX 756.65 and its two-hundred day simple moving average is GBX 675.04. The company has a market capitalization of £854.02 million, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 3.39 and a beta of 1.34. The company has a debt-to-equity ratio of 283.19, a quick ratio of 0.19 and a current ratio of 0.35.

J D Wetherspoon Company Profile

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.