J D Wetherspoon (LON:JDW) Stock Price Crosses Above 200-Day Moving Average of $777.91

J D Wetherspoon plc (LON:JDW)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 777.91 ($9.87) and traded as high as GBX 780 ($9.89). J D Wetherspoon shares last traded at GBX 735.50 ($9.33), with a volume of 89,821 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Shore Capital restated a “hold” rating on shares of J D Wetherspoon in a research note on Wednesday, May 8th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 172 ($2.18) target price on shares of J D Wetherspoon in a report on Tuesday, June 11th. Finally, Citigroup reaffirmed a “buy” rating and issued a GBX 925 ($11.73) price target on shares of J D Wetherspoon in a report on Tuesday, April 23rd.

J D Wetherspoon Price Performance

The firm has a market capitalization of £904.90 million, a PE ratio of 2,287.50, a PEG ratio of 3.39 and a beta of 1.28. The company has a quick ratio of 0.19, a current ratio of 0.34 and a debt-to-equity ratio of 317.46. The stock has a 50-day moving average price of GBX 756.38 and a 200 day moving average price of GBX 777.76.

About J D Wetherspoon

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.