Insider Buying: J D Wetherspoon plc (LON:JDW) Insider Purchases £53,270 in Stock

J D Wetherspoon plc (LON:JDW) insider Ben Whitley bought 7,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 10th. The shares were acquired at an average price of GBX 761 ($9.75) per share, with a total value of £53,270 ($68,233.64).

Ben Whitley also recently made the following trade(s):

• On Tuesday, June 18th, Ben Whitley purchased 20 shares of J D Wetherspoon stock. The stock was purchased at an average cost of GBX 751 ($9.62) per share, for a total transaction of £150.20 ($192.39).

J D Wetherspoon Stock Performance

LON JDW opened at GBX 772 ($9.89) on Friday. The stock has a market capitalization of £954.35 million, a PE ratio of 2,412.50, a P/E/G ratio of 3.39 and a beta of 1.28. The company has a debt-to-equity ratio of 317.46, a current ratio of 0.34 and a quick ratio of 0.19. The business has a 50 day simple moving average of GBX 761.12 and a two-hundred day simple moving average of GBX 775.53. J D Wetherspoon plc has a 1-year low of GBX 587 ($7.52) and a 1-year high of GBX 862.50 ($11.05).

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on JDW shares. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 172 ($2.20) target price on shares of J D Wetherspoon in a research note on Tuesday, June 11th. Citigroup reissued a “buy” rating and issued a GBX 925 ($11.85) target price on shares of J D Wetherspoon in a report on Tuesday, April 23rd. Finally, Shore Capital reaffirmed a “hold” rating on shares of J D Wetherspoon in a research note on Wednesday, May 8th.

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.