JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Up – What’s Next?

JD Sports Fashion Plc (OTCMKTS:JDSPY) shares gapped up before the market opened on Wednesday. The stock had previously closed at $0.9951, but opened at $1.0715. JD Sports Fashion shares last traded at $1.0715, with a volume of 513 shares.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Barclays upgraded shares of JD Sports Fashion to a “hold” rating in a research note 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. Royal Bank Of Canada lowered shares of JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a research note on Monday, August 3rd. BNP Paribas Exane raised shares of JD Sports Fashion from a “neutral” rating to an “outperform” rating in a report on Friday, July 24th. Finally, Citigroup reiterated a “neutral” rating on shares of JD Sports Fashion in a report on Wednesday, September 30th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

JD Sports Fashion Trading Down 0.8%

The firm has a 50-day moving average price of $1.10 and a two-hundred day moving average price of $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 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.