JD Sports Fashion (OTCMKTS:JDSPY) Sees Large Volume Increase After Analyst Upgrade

JD Sports Fashion Plc (OTCMKTS:JDSPY) saw an uptick in trading volume on Thursday after Barclays upgraded the stock to a hold rating. 12,750 shares traded hands during trading, an increase of 6% from the previous session’s volume of 12,056 shares.The stock last traded at $1.07 and had previously closed at $1.1385.

Several other equities analysts have also recently commented on JDSPY. BNP Paribas Exane upgraded JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research report on Friday, July 24th. Zacks Research raised JD Sports Fashion to a “hold” rating in a report on Friday, May 22nd. Citigroup reiterated a “neutral” rating on shares of JD Sports Fashion in a research report on Friday, August 21st. Royal Bank Of Canada cut 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 restated a “hold” rating on shares of JD Sports Fashion in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, JD Sports Fashion currently has an average rating of “Hold”.

JD Sports Fashion Stock Down 0.5%

The stock has a 50-day moving average of $1.15 and a two-hundred day 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.

About JD Sports Fashion

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.