J D Wetherspoon (LON:JDW) Hits New 52-Week Low – Here’s Why

J D Wetherspoon plc (LON:JDW) hit a new 52-week low on Friday . The company traded as low as GBX 610 ($7.91) and last traded at GBX 611 ($7.92), with a volume of 365541 shares changing hands. The stock had previously closed at GBX 614 ($7.96).

Wall Street Analysts Forecast Growth

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

J D Wetherspoon Trading Up 0.2 %

The company has a debt-to-equity ratio of 284.38, a quick ratio of 0.19 and a current ratio of 0.35. The firm has a market capitalization of £760.26 million, a P/E ratio of 1,574.36, a price-to-earnings-growth ratio of 3.39 and a beta of 1.34. The firm has a 50 day moving average price of GBX 719.20 and a two-hundred day moving average price of GBX 739.87.

J D Wetherspoon Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, November 28th. Investors of record on Thursday, October 24th will be paid a GBX 12 ($0.16) dividend. The ex-dividend date of this dividend is Thursday, October 24th. This represents a yield of 1.64%. This is a boost from J D Wetherspoon’s previous dividend of $8.00. J D Wetherspoon’s dividend payout ratio (DPR) is currently 3,076.92%.

J D Wetherspoon Company Profile

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.