JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Down – Time to Sell?

JD Sports Fashion Plc (OTCMKTS:JDSPY) gapped down before the market opened on Wednesday . The stock had previously closed at $1.1675, but opened at $1.07. JD Sports Fashion shares last traded at $1.07, with a volume of 747 shares traded.

Wall Street Analyst Weigh In

Several analysts have commented on JDSPY shares. Citigroup restated a “neutral” rating on shares of JD Sports Fashion in a report on Friday, August 21st. Zacks Research upgraded shares of JD Sports Fashion to a “hold” rating in a report on Friday, May 22nd. BNP Paribas Exane raised shares of JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research report 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 report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of JD Sports Fashion in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, JD Sports Fashion presently has a consensus rating of “Hold”.

JD Sports Fashion Stock Performance

The business’s 50-day moving average price is $1.15 and its 200 day moving average price is $1.05. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.56 and a current ratio of 1.51.

About JD Sports Fashion

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.