JD Sports Fashion (OTCMKTS:JDSPY) Stock Price Up 5.4% – Still a Buy?

JD Sports Fashion Plc (OTCMKTS:JDSPY) shares shot up 5.4% during trading on Monday. The company traded as high as $1.0181 and last traded at $1.0181. 3,196 shares traded hands during trading, a decline of 76% from the average daily volume of 13,061 shares. The stock had previously closed at $0.9660.

Analysts Set New Price Targets

JDSPY has been the subject of several analyst reports. BNP Paribas Exane raised JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research report on Friday, July 24th. Barclays raised JD Sports Fashion to a “hold” rating in a research report on Wednesday, September 2nd. Citigroup restated a “neutral” rating on shares of JD Sports Fashion in a report on Friday, August 21st. Royal Bank Of Canada downgraded shares of JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of JD Sports Fashion in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold”.

JD Sports Fashion Price Performance

The firm has a 50 day moving average price of $1.12 and a two-hundred day moving average price of $1.04. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.56 and a current ratio of 1.51.

JD Sports Fashion Company Profile

JD Sports Fashion plc is a United Kingdom-based multichannel retailer specializing in sportswear, sneakers and athleisure apparel. Its product range includes footwear, clothing and accessories from major global sports brands, as well as selected private-label and exclusive products.

The company operates through a portfolio of retail banners that includes JD Sports, Size?, Finish Line, DTLR and other regionally focused brands. It serves customers through physical stores and e-commerce platforms, with operations across the United Kingdom and Europe, North America, Australia, New Zealand and selected markets in Asia-Pacific.

JD Sports was founded in 1981, when its first store opened in Bury, England.