JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Up – Here’s Why

Shares of JD Sports Fashion Plc (OTCMKTS:JDSPY) gapped up prior to trading on Monday . The stock had previously closed at $1.2196, but opened at $1.2750. JD Sports Fashion shares last traded at $1.32, with a volume of 204 shares trading hands.

Analysts Set New Price Targets

A number of equities research analysts have commented on JDSPY shares. BNP Paribas Exane upgraded JD Sports Fashion from a “neutral” rating to an “outperform” rating in a report on Friday, July 24th. Royal Bank Of Canada cut JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of JD Sports Fashion in a research report on Tuesday, July 14th. Finally, Zacks Research upgraded JD Sports Fashion to a “hold” rating in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold”.

JD Sports Fashion Trading Down 2.9%

The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.56 and a current ratio of 1.51. The firm’s 50 day moving average is $1.13 and its 200-day moving average is $1.04.

JD Sports Fashion Company Profile

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.