JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Up – Still a Buy?

Shares of JD Sports Fashion Plc (OTCMKTS:JDSPY) gapped up prior to trading on Tuesday. The stock had previously closed at $1.08, but opened at $1.14. JD Sports Fashion shares last traded at $1.14, with a volume of 856 shares.

Analyst Ratings Changes

Several analysts have commented on JDSPY shares. Citigroup restated a “neutral” rating on shares of JD Sports Fashion in a report on Wednesday, September 30th. BNP Paribas Exane upgraded shares of JD Sports Fashion from a “neutral” rating to an “outperform” rating in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of JD Sports Fashion in a research note on Tuesday, July 14th. Royal Bank Of Canada cut shares of JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 3rd. Finally, Barclays raised JD Sports Fashion to a “hold” rating in a research report on Wednesday, September 2nd. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, JD Sports Fashion presently has a consensus rating of “Hold”.

JD Sports Fashion Price Performance

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 stock’s fifty day simple moving average is $1.09 and its 200 day simple moving average is $1.05.

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.