JD Sports Fashion (OTCMKTS:JDSPY) Sees Large Volume Increase Following Analyst Upgrade

Shares of JD Sports Fashion Plc (OTCMKTS:JDSPYGet Free Report) saw strong trading volume on Thursday after Barclays upgraded the stock to a hold rating. Approximately 12,750 shares changed hands during trading, an increase of 6% from the previous session’s volume of 12,056 shares.The stock last traded at $1.07 and had previously closed at $1.1385.

Several other equities analysts have also recently weighed in on the company. Royal Bank Of Canada cut JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a report on Monday, August 3rd. Citigroup restated a “neutral” rating on shares of JD Sports Fashion in a report on Friday, August 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of JD Sports Fashion in a research note on Tuesday, July 14th. Zacks Research upgraded shares of JD Sports Fashion to a “hold” rating in a report on Friday, May 22nd. Finally, BNP Paribas Exane raised shares of JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on JDSPY

JD Sports Fashion Price Performance

The business has a 50-day simple moving average of $1.15 and a two-hundred day simple moving average of $1.05. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.56 and a current ratio of 1.51.

JD Sports Fashion Company Profile

(Get Free Report)

JD Sports Fashion plc (OTCMKTS: JDSPY) is a leading retailer specializing in sports-inspired fashion, footwear and accessories. Through its own retail locations and e-commerce platforms, the company offers a broad range of global and in-house brands, serving both lifestyle and performance segments. Its product portfolio spans athletic footwear, apparel and equipment from marquee names such as Nike, Adidas and The North Face, alongside private-label collections designed to meet evolving consumer tastes.

Founded in 1981 in Bury, Greater Manchester, JD Sports has grown from a single outlet into an international retail group.

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