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

JD Sports Fashion Plc (OTCMKTS:JDSPY)’s stock price gapped down before the market opened on Thursday. The stock had previously closed at $1.0220, but opened at $0.96. JD Sports Fashion shares last traded at $1.01, with a volume of 2,761 shares.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. BNP Paribas Exane upgraded JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research note on Friday, July 24th. Barclays raised shares of JD Sports Fashion to a “hold” rating in a research report on Wednesday, September 2nd. Citigroup reiterated a “neutral” rating on shares of JD Sports Fashion in a research note on Wednesday. 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. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of JD Sports Fashion in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

JD Sports Fashion Stock Performance

The company has a debt-to-equity ratio of 0.91, a current ratio of 1.51 and a quick ratio of 0.56. The firm has a 50-day moving average price of $1.11 and a 200 day moving average price of $1.04.

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.