JD Sports Fashion (LON:JD) Share Price Above 200 Day Moving Average of $119.56

JD Sports Fashion Plc (LON:JD – Get Your Free Report ) broke above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 119.56 ($1.55) and traded as high as GBX 127.61 ($1.66). Shares of JD Sports Fashion last traded at GBX 126.85 ($1.65), with a volume of 5,182,304 shares changing hands.

The Wall Street analyst weighs in

Several analysts have recently issued reports on the stock. Citigroup restated a “buy” rating and set a GBX 925 ($12.02) target price on shares of JD Sports Fashion in a research report on Tuesday, April 23rd. Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a research report on Wednesday, May 29th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 172 ($2.23) target price on shares of JD Sports Fashion in a research report on Tuesday, June 11th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of JD Sports Fashion to a “sell” rating and reduced their target price for the company from GBX 115 ($1.49) to GBX 110 ($1.43) in -a report from Monday, August 12. One analyst has rated the stock with a sell rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 459.40 ($5.97).

Check out the latest stock analysis on JD Sports Fashion

JD Sports Fashion Price Performance

The company has a market cap of £6.67 billion, a P/E ratio of 1,268.50, a P/E/G ratio of 0.92 and a beta of 1.68. The company’s fifty-day moving average is GBX 121.32, and its 200-day moving average is GBX 119.56. The company has a debt-to-equity ratio of 91.11, a quick ratio of 0.71, and a current ratio of 1.52.

JD Sports Fashion increases dividend

The company also recently announced a dividend, which was paid on Friday, July 12th. Shareholders of record on Thursday, June 13th were paid a dividend of GBX 0.60 ($0.01). This is an increase from JD Sports Fashion’s previous dividend of $0.30. This represents a yield of 0.45%. The ex-dividend date of this dividend was Thursday, June 13th. JD Sports Fashion’s dividend payout ratio is currently 1,000.00%.

Insiders place their bets

In related news, insider Darren M. Shapland purchased 40,000 shares of the company’s stock in a transaction dated Tuesday, July 9th. The shares were purchased at an average cost of GBX 111 ($1.44) per share, for a total transaction of GBX 44,400 ($57,692.31). Insiders own 51.91% of the company’s shares.

JD Sports Fashion Company Profile

(Get a free report)

JD Sports Fashion plc is engaged in the retail of branded sports fashion and outdoor clothing, footwear, accessories and equipment for children, women and men. It operates through Sports Fashion and Outdoor segments. The company also retails recreational goods, sporting goods, fishing gear, camping goods, boats and bicycles, and distributes sports apparel and accessories, footwear and apparel.

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