J d Wetherspoon (OTCMKTS:JDWPY) Downgraded by Barclays to Strong Sell

Barclays lowered shares of J d Wetherspoon (OTCMKTS:JDWPY) from a strong-buy rating to a strong sell rating in a report released on Tuesday morning,Zacks.com reports.

J d Wetherspoon Price Performance

Shares of OTCMKTS:JDWPY opened at $46.00 on Tuesday. The company has a quick ratio of 0.19, a current ratio of 0.28 and a debt-to-equity ratio of 3.09. J d Wetherspoon has a twelve month low of $44.48 and a twelve month high of $46.00. The stock’s 50 day moving average is $44.67 and its 200-day moving average is $44.19.

J d Wetherspoon Company Profile

J D Wetherspoon plc operates one of the largest pub chains in the United Kingdom and Ireland, offering a broad portfolio of food and beverage services. The company’s pubs provide traditional British pub fare alongside a selection of real ales, craft beers, spirits, soft drinks and specialty coffees. In addition to core food and drink offerings, many locations feature breakfast menus, light bites and themed events, catering to a diverse demographic of casual diners, families and pub patrons.

Founded in 1979 by Tim Martin with the opening of “The Moon Under Water” in Muswell Hill, north London, Wetherspoon has expanded through both freehold acquisitions and long-term leases.