JD Sports Fashion (OTCMKTS:JDSPY) Sees Strong Trading Volume – Time to Buy?

JD Sports Fashion Plc (OTCMKTS:JDSPY – Get Free Report) shares saw unusually-strong trading volume on Thursday. 16,250 shares traded hands during mid-day trading, an increase of 26% from the average daily volume of 12,876 shares. The stock last traded at $1.20 and had previously closed at $1.1650.

Analysts Set New Price Targets

Several research firms recently commented on JDSPY. Royal Bank Of Canada lowered JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a 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. Citigroup reaffirmed a “neutral” rating on shares of JD Sports Fashion in a research note on Wednesday, September 30th. Barclays raised shares of JD Sports Fashion to a “hold” rating in a report on Wednesday, September 2nd. Finally, BNP Paribas Exane upgraded 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 assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Check Out Our Latest Research Report on JD Sports Fashion

JD Sports Fashion Stock Performance

The company’s fifty day simple moving average is $1.09 and its 200-day simple moving average is $1.06. The company has a current ratio of 1.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.89.

JD Sports Fashion Company Profile

(Get Free Report)

JD Sports Fashion plc is a United Kingdom-based retailer specializing in sports-inspired footwear, apparel and accessories. Its product range includes athletic shoes, trainers, clothing and related accessories from major global sportswear brands, as well as products sold under its own retail and exclusive-label offerings.

The company operates through a portfolio of retail banners, led by JD Sports. Other brands have included Size?, Finish Line, DTLR and Hibbett, serving customers through physical stores and e-commerce platforms.

Further Reading

Receive News & Ratings for JD Sports Fashion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JD Sports Fashion and related companies with MarketBeat.com's FREE daily email newsletter.