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

JD Sports Fashion Plc (OTCMKTS:JDSPYGet Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $1.04, but opened at $1.1304. JD Sports Fashion shares last traded at $1.1304, with a volume of 500 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on JDSPY. 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. Zacks Research upgraded JD Sports Fashion to a “hold” rating in a research note on Friday, May 22nd. BNP Paribas Exane upgraded JD Sports Fashion from a “neutral” rating to an “outperform” rating in a report on Friday, July 24th. Citigroup reaffirmed a “neutral” rating on shares of JD Sports Fashion in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of JD Sports Fashion in a report on Tuesday, July 14th. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

View Our Latest Analysis on JDSPY

JD Sports Fashion Stock Down 3.5%

The company has a quick ratio of 0.56, a current ratio of 1.51 and a debt-to-equity ratio of 0.91. The business has a 50 day moving average price of $1.14 and a 200-day moving average price of $1.04.

About JD Sports Fashion

(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

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.