JD Sports Fashion (OTCMKTS:JDSPY) Shares Down 10.2% – Here’s Why

JD Sports Fashion Plc (OTCMKTS:JDSPYGet Free Report)’s stock price fell 10.2% on Friday . The stock traded as low as $1.1230 and last traded at $1.1230. 150 shares changed hands during trading, a decline of 99% from the average session volume of 12,520 shares. The stock had previously closed at $1.25.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Report on JDSPY

JD Sports Fashion Price Performance

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

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.

Further Reading

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