JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Up – Here’s Why

JD Sports Fashion Plc (OTCMKTS:JDSPY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $0.9660, but opened at $1.03. JD Sports Fashion shares last traded at $1.03, with a volume of 1,743 shares traded.

Analyst Ratings Changes

A number of brokerages have recently commented on JDSPY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of JD Sports Fashion in a research report on Tuesday, July 14th. Barclays upgraded shares of JD Sports Fashion to a “hold” rating in a research note on Wednesday, September 2nd. Royal Bank Of Canada downgraded JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 3rd. Citigroup reaffirmed a “neutral” rating on shares of JD Sports Fashion in a research report on Wednesday. Finally, BNP Paribas Exane upgraded JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, JD Sports Fashion currently has an average rating of “Hold”.

Get Our Latest Analysis on JD Sports Fashion

JD Sports Fashion Stock Performance

The company’s fifty day simple moving average is $1.11 and its two-hundred day simple moving average is $1.04. The company has a quick ratio of 0.56, a current ratio of 1.51 and a debt-to-equity ratio of 0.91.

About JD Sports Fashion

(Get Free Report)

JD Sports Fashion plc is a United Kingdom-based multichannel retailer specializing in sports-inspired footwear, apparel and accessories. The company sells products from leading athletic and lifestyle brands, including Nike, adidas and other international labels, alongside merchandise from its own and exclusive brands.

The company operates through a portfolio of retail banners that includes JD Sports, Size?, Finish Line, DTLR and Hibbett. Its operations span physical stores and e-commerce platforms, serving customers across the United Kingdom, Europe, North America, Asia-Pacific and other international markets.

JD Sports was founded in 1981 in Bury, England, by John Wardle and David Makin.

Further Reading

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