JD Sports Fashion (OTCMKTS:JDSPY) Stock Price Up 9.2% – Time to Buy?

JD Sports Fashion Plc (OTCMKTS:JDSPY) shares rose 9.2% during mid-day trading on Monday . The company traded as high as $1.1250 and last traded at $1.1250. 3,750 shares traded hands during trading, a decline of 74% from the average daily volume of 14,476 shares. The stock had previously closed at $1.03.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on JDSPY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of JD Sports Fashion in a report on Tuesday. Zacks Research upgraded shares of JD Sports Fashion to a “hold” rating in a research note on Friday, May 22nd. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

JD Sports Fashion Price Performance

The business’s 50-day moving average price is $1.05 and its 200 day moving average price is $1.03.

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.