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

J D Wetherspoon plc (LON:JDW)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 590 ($7.40) and last traded at GBX 617.50 ($7.74), with a volume of 22685 shares traded. The stock had previously closed at GBX 614.50 ($7.70).

Wall Street Analysts Forecast Growth

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

J D Wetherspoon Stock Performance

The firm has a market cap of £761.50 million, a P/E ratio of 1,579.49, a PEG ratio of 3.39 and a beta of 1.34. 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 stock’s 50-day moving average is GBX 680.22 and its 200 day moving average is GBX 726.95.

J D Wetherspoon Increases Dividend

The firm also recently declared 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. This is an increase from J D Wetherspoon’s previous dividend of $8.00. This represents a dividend yield of 1.64%. The ex-dividend date is Thursday, October 24th. J D Wetherspoon’s dividend payout ratio is 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.