J D Wetherspoon (LON:JDW) Reaches New 12-Month Low – Here’s Why

Posted by Tech Dows on Nov 14th, 2024

J D Wetherspoon plc (LON:JDW – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 591 ($7.61) and last traded at GBX 619 ($7.97), with a volume of 11577 shares trading hands. The stock had previously closed at GBX 613 ($7.89).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “hold” rating on shares of J D Wetherspoon in a research note on Friday, October 4th.

View Our Latest Research Report on J D Wetherspoon

J D Wetherspoon Trading Up 0.7 %

The firm’s 50 day simple moving average is GBX 691.08 and its two-hundred day simple moving average is GBX 731.63. The stock has a market capitalization of £763.35 million, a P/E ratio of 1,571.79, a P/E/G ratio of 3.39 and a beta of 1.34. The company has a quick ratio of 0.19, a current ratio of 0.35 and a debt-to-equity ratio of 284.38.

J D Wetherspoon Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, November 28th. Investors of record on Thursday, October 24th will be given a GBX 12 ($0.15) dividend. This represents a yield of 1.64%. This is a positive change from J D Wetherspoon’s previous dividend of $8.00. The ex-dividend date of this dividend is Thursday, October 24th. J D Wetherspoon’s payout ratio is presently 3,076.92%.

J D Wetherspoon Company Profile

(Get Free Report)

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.