JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Down – Time to Sell?

by · The Markets Daily

JD Sports Fashion Plc (OTCMKTS:JDSPY – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $1.2250, but opened at $1.05. JD Sports Fashion shares last traded at $1.05, with a volume of 2,430 shares traded.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of JD Sports Fashion in a research report on Tuesday, July 14th. Zacks Research upgraded JD Sports Fashion to a “hold” rating in a research note on Friday, May 22nd. BNP Paribas Exane raised JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research report on Friday, July 24th. Finally, Royal Bank Of Canada downgraded shares of JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, JD Sports Fashion has a consensus rating of “Hold”.

View Our Latest Research Report on JD Sports Fashion

JD Sports Fashion Stock Down 16.8%

The stock has a fifty day moving average of $1.14 and a two-hundred day moving average of $1.04. The company has a current ratio of 1.51, a quick ratio of 0.56 and a debt-to-equity ratio of 0.91.

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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