Whitbread (LON:WTB) Reaches New 52-Week Low - What's Next?

Shares of Whitbread plc (LON:WTB - Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 2,253 ($29.49) and last traded at GBX 2,327 ($30.46), with a volume of 7851905 shares changing hands. The stock had previously closed at GBX 2,433 ($31.85).

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on WTB shares. JPMorgan Chase & Co. downgraded shares of Whitbread to a "neutral" rating in a report on Friday, March 7th. Shore Capital restated a "buy" rating on shares of Whitbread in a research note on Thursday, January 16th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, Whitbread has an average rating of "Moderate Buy" and an average price target of GBX 2,713.33 ($35.51).

Whitbread Trading Up 1.6 %

The business's 50 day moving average price is GBX 2,576.11 and its two-hundred day moving average price is GBX 2,855.27. The company has a market capitalization of £4.44 billion, a price-to-earnings ratio of 19.25, a P/E/G ratio of -3.09 and a beta of 1.11. The company has a current ratio of 0.96, a quick ratio of 1.74 and a debt-to-equity ratio of 33.18.

Insider Buying and Selling at Whitbread

In other news, insider Kal Atwal bought 1,130 shares of the company's stock in a transaction on Thursday, February 20th. The stock was purchased at an average cost of GBX 2,621 ($34.31) per share, for a total transaction of £29,617.30 ($38,766.10). Company insiders own 1.03% of the company's stock.

Whitbread Company Profile

Whitbread is the owner of Premier Inn, the UK's biggest hotel brand, with 86,000 rooms in over 850 hotels and a growing presence in Germany with 10,500 rooms in 59 hotels, offering quality accommodation at affordable prices in great locations. People are at the heart of our business. We employ over 38,000 team members in over 900 Premier Inn hotels across the UK and Germany.