JD Sports Fashion (LON:JD) Stock Price Crosses Above Two Hundred Day Moving Average of $124.71

JD Sports Fashion Plc (LON:JD) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 124.71 ($1.66) and traded as high as GBX 157.90 ($2.11). JD Sports Fashion shares last traded at GBX 152.05 ($2.03), with a volume of 12,592,178 shares changing hands.

Analyst Ratings Changes

JD has been the subject of several analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 172 ($2.30) price objective on shares of JD Sports Fashion in a report on Tuesday, June 11th. Shore Capital reissued a “buy” rating on shares of JD Sports Fashion in a report on Monday, September 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 110 ($1.47) price objective on shares of JD Sports Fashion in a research note on Friday, August 23rd. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. Based on data from MarketBeat, JD Sports Fashion presently has an average rating of “Moderate Buy” and a consensus target price of GBX 459.40 ($6.13).

JD Sports Fashion Price Performance

The firm has a market cap of £7.98 billion, a price-to-earnings ratio of 1,520.50, a P/E/G ratio of 1.00 and a beta of 1.65. The company has a current ratio of 1.52, a quick ratio of 0.71 and a debt-to-equity ratio of 91.11. The stock’s fifty day moving average price is GBX 132 and its 200-day moving average price is GBX 124.71.

Insiders Place Their Bets

In other JD Sports Fashion news, insider Darren M. Shapland purchased 40,000 shares of the stock in a transaction dated Tuesday, July 9th. The stock was acquired at an average cost of GBX 111 ($1.48) per share, for a total transaction of £44,400 ($59,263.21). 51.91% of the stock is owned by insiders.

About JD Sports Fashion

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.