Shares of J D Wetherspoon plc (OTCMKTS:JDWPF – Get Free Report) fell 5.6% during trading on Wednesday. The stock traded as low as $12.27 and last traded at $12.27. 490 shares were traded during mid-day trading, a decline of 14% from the average daily volume of 567 shares. The stock had previously closed at $13.00.
Wall Street Analyst Weigh In
Separately, Morgan Stanley lowered shares of J D Wetherspoon to an “underweight” rating in a report on Friday, September 4th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on JDWPF
J D Wetherspoon Stock Performance
The firm has a 50 day moving average price of $10.13 and a 200 day moving average price of $9.56.
J D Wetherspoon Company Profile
J D Wetherspoon plc is a United Kingdom-based operator of pubs and hotels. The company runs a network of pubs under the Wetherspoon name, offering alcoholic and nonalcoholic beverages, meals, snacks and other refreshments. Some locations also provide hotel accommodation.
Wetherspoon serves customers primarily in the United Kingdom, with a presence in the Republic of Ireland. Its pubs are typically located in town and city centers, and the company is known for operating in converted or historically significant buildings, including former cinemas, banks and other commercial properties.
The company was founded by Tim Martin, who opened its first pub in 1979.
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