JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Down - What's Next?

Key Points

• JD Sports Fashion shares fell 5.2%, opening at $1.14 versus a prior close of $1.2020, though trading volume was very low at 167 shares.
• Analyst sentiment remains cautious: one analyst rates the stock Buy and five rate it Hold, producing a consensus rating of Hold.
• The company’s financial metrics include a 0.89 debt-to-equity ratio, 0.51 quick ratio and 1.51 current ratio; its 50-day and 200-day moving averages are $1.09 and $1.07, respectively.

JD Sports Fashion Plc (OTCMKTS:JDSPY - Get Free Report)'s stock price gapped down prior to trading on Friday. The stock had previously closed at $1.2020, but opened at $1.14. JD Sports Fashion shares last traded at $1.14, with a volume of 167 shares.

Wall Street Analyst Weigh In

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

JD Sports Fashion Stock Down 5.2%

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 company has a 50-day simple moving average of $1.09 and a 200-day simple moving average of $1.07.

JD Sports Fashion Company Profile

JD Sports Fashion plc is a United Kingdom-based retailer specializing in sports-inspired footwear, apparel and accessories. Its product range includes athletic shoes, trainers, clothing and related accessories from major global sportswear brands, as well as products sold under its own retail and exclusive-label offerings.

The company operates through a portfolio of retail banners, led by JD Sports. Other brands have included Size?, Finish Line, DTLR and Hibbett, serving customers through physical stores and e-commerce platforms.

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