JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Up – Should You Buy?

JD Sports Fashion Plc (OTCMKTS:JDSPYGet Free Report) 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 Analyst Weigh In

Several brokerages have issued reports on JDSPY. Citigroup reiterated a “neutral” rating on shares of JD Sports Fashion in a research note on Friday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of JD Sports Fashion in a report on Tuesday, July 14th. BNP Paribas Exane upgraded JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research note on Friday, July 24th. Royal Bank Of Canada lowered JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 3rd. Finally, Zacks Research raised JD Sports Fashion to a “hold” rating in a report on Friday, May 22nd. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Check Out Our Latest Report on JDSPY

JD Sports Fashion Stock Performance

The company’s fifty day simple moving average is $1.14 and its 200 day simple moving average is $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.

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

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