JD Sports Fashion (LON:JD) Hits New 12-Month Low – Should You Sell?

JD Sports Fashion Plc (LON:JD)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 92.14 ($1.16) and last traded at GBX 92.82 ($1.16), with a volume of 4556562 shares traded. The stock had previously closed at GBX 93.98 ($1.18).

Analyst Ratings Changes

JD has been the subject of several recent research reports. JPMorgan Chase & Co. downgraded shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) target price for the company. in a report on Friday, November 22nd. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 110 ($1.38) target price on shares of JD Sports Fashion in a research note on Friday, November 22nd. Finally, Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a research note on Friday, November 29th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, JD Sports Fashion has an average rating of “Moderate Buy” and a consensus price target of GBX 446 ($5.60).

JD Sports Fashion Stock Performance

The company has a market capitalization of £4.81 billion, a price-to-earnings ratio of 928.20, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23. The stock has a 50-day simple moving average of GBX 111.60 and a 200-day simple moving average of GBX 124.10.

JD Sports Fashion Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 7th were paid a GBX 0.33 ($0.00) dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a yield of 0.25%. JD Sports Fashion’s dividend payout ratio (DPR) is 1,000.00%.

Insider Transactions at JD Sports Fashion

In other JD Sports Fashion news, insider Andy Long acquired 31,064 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The shares were purchased at an average price of GBX 96 ($1.20) per share, for a total transaction of £29,821.44 ($37,417.11). Insiders own 51.91% of the company’s stock.

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.