JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Down – Here’s What Happened

JD Sports Fashion Plc (OTCMKTS:JDSPYGet Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $0.9704, but opened at $0.9141. JD Sports Fashion shares last traded at $0.9141, with a volume of 584 shares trading hands.

Wall Street Analyst Weigh In

Several research firms recently issued reports on JDSPY. Barclays raised shares of JD Sports Fashion to a “hold” rating in a research note on Wednesday, September 2nd. Citigroup restated a “neutral” rating on shares of JD Sports Fashion in a research note on Friday, August 21st. Royal Bank Of Canada cut JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of JD Sports Fashion in a report on Tuesday, July 14th. Finally, BNP Paribas Exane raised JD Sports Fashion from a “neutral” rating to an “outperform” rating in a 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. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on JD Sports Fashion

JD Sports Fashion Stock Down 5.8%

The company has a 50-day simple moving average of $1.14 and a 200-day simple moving average of $1.04. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.51 and a quick ratio of 0.56.

JD Sports Fashion Company Profile

(Get Free Report)

JD Sports Fashion plc is a United Kingdom-based multichannel retailer specializing in sportswear, sneakers and athleisure apparel. Its product range includes footwear, clothing and accessories from major global sports brands, as well as selected private-label and exclusive products.

The company operates through a portfolio of retail banners that includes JD Sports, Size?, Finish Line, DTLR and other regionally focused brands. It serves customers through physical stores and e-commerce platforms, with operations across the United Kingdom and Europe, North America, Australia, New Zealand and selected markets in Asia-Pacific.

JD Sports was founded in 1981, when its first store opened in Bury, England.

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