JD Sports Fashion (OTCMKTS:JDSPY) Stock Price Up 5.4% – Time to Buy?

JD Sports Fashion Plc (OTCMKTS:JDSPY)’s share price traded up 5.4% during trading on Monday. The stock traded as high as $1.0181 and last traded at $1.0181. Approximately 3,196 shares changed hands during trading, a decline of 76% from the average session volume of 13,061 shares. The stock had previously closed at $0.9660.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. BNP Paribas Exane upgraded shares of JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research note on Friday, July 24th. 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. Citigroup reissued a “neutral” rating on shares of JD Sports Fashion in a report on Friday, August 21st. Barclays raised shares of JD Sports Fashion to a “hold” rating in a research report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of JD Sports Fashion in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

JD Sports Fashion Stock Up 5.4%

The firm has a 50-day moving average price of $1.12 and a 200 day moving average price of $1.04. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.51 and a quick ratio of 0.56.

JD Sports Fashion Company Profile

JD Sports Fashion plc is a United Kingdom-based multichannel retailer specializing in sportswear, sneakers and athleisure apparel. Its product range includes footwear, clothing and accessories from major global sports brands, as well as selected private-label and exclusive products.

The company operates through a portfolio of retail banners that includes JD Sports, Size?, Finish Line, DTLR and other regionally focused brands. It serves customers through physical stores and e-commerce platforms, with operations across the United Kingdom and Europe, North America, Australia, New Zealand and selected markets in Asia-Pacific.

JD Sports was founded in 1981, when its first store opened in Bury, England.