Wetherspoons (JDWPY) Cut to Hold at Zacks Investment Research

Wetherspoons (OTCMKTS:JDWPY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Saturday.

According to Zacks, “JD Wetherspoon Plc owns and operates pubs. The principal activity of the company is development and management of public houses. It operates primarily in United Kingdom. JD Wetherspoon Plc is headquartered in Watford, the United Kingdom. “

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Separately, ValuEngine upgraded shares of Wetherspoons from a “hold” rating to a “buy” rating in a research report on Monday, March 19th.

Shares of Wetherspoons stock opened at $87.85 on Friday. Wetherspoons has a 52 week low of $58.87 and a 52 week high of $87.85. The company has a debt-to-equity ratio of 3.52, a quick ratio of 0.21 and a current ratio of 0.36.

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Wetherspoons Company Profile

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. As of July 24, 2017, it operated 895 pubs. The company was founded in 1979 and is headquartered in Watford, the United Kingdom.

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