J D Wetherspoon (LON:JDW) Hits New 1-Year Low – What’s Next?

J D Wetherspoon plc (LON:JDW)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 591 ($7.45) and last traded at GBX 619 ($7.80), with a volume of 11577 shares changing hands. The stock had previously closed at GBX 613 ($7.73).

Analysts Set New Price Targets

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

J D Wetherspoon Stock Up 0.4 %

The firm’s 50 day moving average price is GBX 687.31 and its two-hundred day moving average price is GBX 730.09. The firm has a market capitalization of £773.86 million, a PE ratio of 1,605.13, 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 disclosed a dividend, which will be paid on Thursday, November 28th. Shareholders of record on Thursday, October 24th will be issued a GBX 12 ($0.15) dividend. The ex-dividend date of this dividend is Thursday, October 24th. This represents a yield of 1.64%. This is a positive change from J D Wetherspoon’s previous dividend of $8.00. J D Wetherspoon’s payout ratio is currently 3,076.92%.

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.