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JD Sports Fashion (LON:JD) Stock Price Passes Above 200-Day Moving Average of $118.32

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JD Sports Fashion (LON:JD) Stock Price Passes Above 200-Day Moving Average of 8.32


JD Sports Fashion Plc (LON:JDGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 118.32 ($1.53) and traded as high as GBX 121.70 ($1.57). JD Sports Fashion shares last traded at GBX 121.40 ($1.57), with a volume of 5,825,197 shares trading hands.

Analyst Ratings Changes

Several equities analysts have commented on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 172 ($2.22) price target on shares of JD Sports Fashion in a report on Tuesday, June 11th. Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a research note on Wednesday, May 29th. Citigroup restated a “buy” rating and issued a GBX 925 ($11.96) price objective on shares of JD Sports Fashion in a research note on Tuesday, April 23rd. Finally, Barclays lifted their target price on shares of JD Sports Fashion from GBX 150 ($1.94) to GBX 165 ($2.13) and gave the company an “overweight” rating in a research report on Wednesday, April 3rd. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 546.75 ($7.07).

View Our Latest Report on JD

JD Sports Fashion Stock Performance

The stock’s 50 day moving average is GBX 121.76 and its two-hundred day moving average is GBX 118.32. The firm has a market capitalization of £6.18 billion, a P/E ratio of 3,035.00, a P/E/G ratio of 0.96 and a beta of 1.57. The company has a debt-to-equity ratio of 95.32, a current ratio of 1.36 and a quick ratio of 0.71.

JD Sports Fashion Increases Dividend

The business also recently announced a dividend, which was paid on Friday, July 12th. Shareholders of record on Thursday, June 13th were issued a dividend of GBX 0.60 ($0.01) per share. The ex-dividend date of this dividend was Thursday, June 13th. This represents a yield of 0.45%. This is a boost from JD Sports Fashion’s previous dividend of $0.30. JD Sports Fashion’s dividend payout ratio (DPR) is 2,500.00%.

Insider Activity at JD Sports Fashion

In related news, insider Darren M. Shapland purchased 40,000 shares of JD Sports Fashion stock in a transaction dated Tuesday, July 9th. The stock was bought at an average price of GBX 111 ($1.44) per share, for a total transaction of £44,400 ($57,423.69). 51.91% of the stock is currently owned by corporate insiders.

JD Sports Fashion Company Profile

(Get Free Report)

JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company also retails leisure goods, sports goods, fishing gear, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.

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