JD Sports Fashion (OTCMKTS:JDSPY) Shares Climb 8.5% – Here’s What Happened

Shares of JD Sports Fashion Plc (OTCMKTS:JDSPY) traded up 8.5% during mid-day trading on Monday. The stock traded as high as $1.08 and last traded at $1.08. 1,107 shares were traded during trading, a decline of 91% from the average daily volume of 12,766 shares. The stock had previously closed at $0.9951.

Analyst Ratings Changes

JDSPY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of JD Sports Fashion in a report on Tuesday, July 14th. Citigroup reissued a “neutral” rating on shares of JD Sports Fashion in a research note on Wednesday. Barclays upgraded JD Sports Fashion to a “hold” rating in a research note on Wednesday, September 2nd. BNP Paribas Exane upgraded JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research note on Friday, July 24th. Finally, Royal Bank Of Canada downgraded JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, JD Sports Fashion presently has an average rating of “Hold”.

JD Sports Fashion Price Performance

The company has a 50-day moving average of $1.11 and a 200-day moving average of $1.05. 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

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.