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

JD Sports Fashion Plc (OTCMKTS:JDSPY)’s share price shot up 3.7% during mid-day trading on Wednesday. The stock traded as high as $1.12 and last traded at $1.12. 414 shares were traded during mid-day trading, a decline of 97% from the average session volume of 12,591 shares. The stock had previously closed at $1.08.

Analyst Ratings Changes

Several research firms have recently weighed in on JDSPY. BNP Paribas Exane upgraded 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 report on Tuesday, July 14th. Citigroup reissued a “neutral” rating on shares of JD Sports Fashion in a research note on Wednesday, September 30th. Barclays upgraded shares of JD Sports Fashion to a “hold” rating in a report on Wednesday, September 2nd. Finally, 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. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

JD Sports Fashion Price Performance

The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.51 and a current ratio of 1.51. The business has a 50-day simple moving average of $1.09 and a two-hundred day simple moving average of $1.06.

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.