JD Sports Fashion (LON:JD) Share Price Crosses Above Two Hundred Day Moving Average of $118.32

JD Sports Fashion Plc (LON:JD) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 118.32 ($1.53) and traded as high as GBX 121.70 ($1.57). JD Sports Fashion shares last traded at GBX 121.40 ($1.57), with a volume of 5,825,197 shares.

Analyst Ratings Changes

A number of research firms recently weighed in on JD. Shore Capital restated a “buy” rating on shares of JD Sports Fashion in a research note on Wednesday, May 29th. Barclays increased their price target on shares of JD Sports Fashion from GBX 150 ($1.94) to GBX 165 ($2.13) and gave the company an “overweight” rating in a report on Wednesday, April 3rd. Citigroup reiterated a “buy” rating and issued a GBX 925 ($11.96) price target on shares of JD Sports Fashion in a report on Tuesday, April 23rd. Finally, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 172 ($2.22) target price on shares of JD Sports Fashion in a report on Tuesday, June 11th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 546.75 ($7.07).

JD Sports Fashion Price Performance

The company has a market capitalization of £6.38 billion, a price-to-earnings ratio of 3,080.00, a PEG ratio of 0.96 and a beta of 1.57. The company’s 50 day simple moving average is GBX 121.52 and its 200-day simple moving average is GBX 118.33. The company has a current ratio of 1.36, a quick ratio of 0.71 and a debt-to-equity ratio of 95.32.

JD Sports Fashion Increases Dividend

The business also recently announced a dividend, which was paid on Friday, July 12th. Investors of record on Thursday, June 13th were given a GBX 0.60 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, June 13th. This is a boost from JD Sports Fashion’s previous dividend of $0.30. This represents a dividend yield of 0.45%. JD Sports Fashion’s dividend payout ratio (DPR) is currently 2,500.00%.

Insider Buying and Selling

In related news, insider Darren M. Shapland bought 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 9th. The shares were acquired at an average cost of GBX 111 ($1.44) per share, with a total value of £44,400 ($57,423.69). Corporate insiders own 51.91% of the company’s stock.

JD Sports Fashion Company Profile

JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company also retails leisure goods, sports goods, fishing gear, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.