JD Sports Fashion (OTCMKTS:JDSPY) Stock Jumps 3.7% – What’s Next?

Shares of JD Sports Fashion Plc (OTCMKTS:JDSPY) rose 3.7% on Wednesday. The company traded as high as $1.12 and last traded at $1.12. 414 shares traded hands during trading, a decline of 97% from the average daily volume of 12,591 shares. The stock had previously closed at $1.08.

Analyst Ratings Changes

A number of research firms recently weighed in on JDSPY. Royal Bank Of Canada cut JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a research note on Monday, August 3rd. Barclays raised JD Sports Fashion to a “hold” rating in a report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of JD Sports Fashion in a research report on Tuesday, July 14th. BNP Paribas Exane upgraded shares of JD Sports Fashion from a “neutral” rating to an “outperform” rating in a report on Friday, July 24th. Finally, Citigroup reissued a “neutral” rating on shares of JD Sports Fashion in a research report on Wednesday, September 30th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold”.

JD Sports Fashion Trading Down 3.2%

The company has a current ratio of 1.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.89. The company’s fifty day moving average price is $1.09 and its 200 day moving average price is $1.06.

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.