JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Down – Should You Sell?

by · The Cerbat Gem

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 $1.0220, but opened at $0.96. JD Sports Fashion shares last traded at $1.01, with a volume of 2,761 shares.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on JDSPY shares. Royal Bank Of Canada lowered shares of JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 3rd. Barclays upgraded 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 Wednesday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of JD Sports Fashion in a research report on Tuesday, July 14th. Finally, BNP Paribas Exane upgraded JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on JD Sports Fashion

JD Sports Fashion Trading Down 1.2%

The company has a debt-to-equity ratio of 0.91, a current ratio of 1.51 and a quick ratio of 0.56. The business’s 50 day moving average is $1.11 and its 200-day moving average is $1.04.

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.

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