JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Down – Time to Sell?

JD Sports Fashion Plc (OTCMKTS:JDSPY) shares gapped down prior to trading on Wednesday . The stock had previously closed at $1.1675, but opened at $1.07. JD Sports Fashion shares last traded at $1.07, with a volume of 747 shares.

Analyst Upgrades and Downgrades

JDSPY has been the topic of a number of research analyst reports. 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 report on Tuesday, July 14th. BNP Paribas Exane raised JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research note on Friday, July 24th. Zacks Research upgraded JD Sports Fashion to a “hold” rating in a report on Friday, May 22nd. Finally, Citigroup reissued a “neutral” rating on shares of JD Sports Fashion in a research report on Friday, August 21st. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, JD Sports Fashion presently has an average rating of “Hold”.

JD Sports Fashion Stock Performance

The firm has a 50-day simple moving average of $1.15 and a 200 day simple moving average of $1.05. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.51 and a quick ratio of 0.56.

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.