J D Wetherspoon (LON:JDW) Reaches New 1-Year Low – Should You Sell?

J D Wetherspoon plc (LON:JDW)’s stock price hit a new 52-week low during trading on Friday . The company 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 reaffirmed a “hold” rating on shares of J D Wetherspoon in a research note on Friday, October 4th.

J D Wetherspoon Trading Up 0.2 %

The company has a quick ratio of 0.19, a current ratio of 0.35 and a debt-to-equity ratio of 284.38. The company has a market cap of £761.50 million, a P/E ratio of 1,579.49, a P/E/G ratio of 3.39 and a beta of 1.34. The business has a 50-day moving average price of GBX 680.22 and a two-hundred day moving average price of GBX 726.95.

J D Wetherspoon Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, November 28th. Stockholders of record on Thursday, October 24th will be given a dividend of GBX 12 ($0.15) per share. This is a boost from J D Wetherspoon’s previous dividend of $8.00. The ex-dividend date of this dividend is Thursday, October 24th. This represents a dividend yield of 1.64%. J D Wetherspoon’s payout ratio 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.