Andy Long Purchases 31,064 Shares of JD Sports Fashion Plc (LON:JD) Stock

JD Sports Fashion Plc (LON:JD) insider Andy Long purchased 31,064 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was bought at an average cost of GBX 96 ($1.21) per share, for a total transaction of £29,821.44 ($37,544.30).

JD Sports Fashion Trading Down 15.5 %

LON JD traded down GBX 17.51 ($0.22) during trading hours on Friday, reaching GBX 95.44 ($1.20). The company’s stock had a trading volume of 60,617,076 shares, compared to its average volume of 393,791. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42. The company has a 50 day moving average of GBX 135.53 and a 200-day moving average of GBX 128.58. The company has a market cap of £4.94 billion, a PE ratio of 954.40, a PEG ratio of 1.05 and a beta of 1.65.

JD Sports Fashion Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, November 7th will be issued a GBX 0.33 ($0.00) dividend. This represents a dividend yield of 0.25%. The ex-dividend date is Thursday, November 7th. JD Sports Fashion’s dividend payout ratio (DPR) is 1,000.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) target price on the stock. in a research note on Friday. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 110 ($1.38) price objective on shares of JD Sports Fashion in a research note on Friday. Finally, Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a report on Thursday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 446 ($5.62).

About JD Sports Fashion

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.