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Home / Momentum / JD Sports Fashion (JD.L) 21-01-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

JD Sports Fashion (JD.L) 21-01-20

Will shares in JD Sports Fashion (JD.L) continue to rally, setting new recent highs?

 

  • Now trading at 851.45p (at time of writing), the price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Shares -2% from 12-month highs; +92% from 12 month lows.

Latest News

 

01 Oct:  JD Sports: competition regulators in the UK have referred their proposed agreement to purchase Footasylum to a thorough investigation. There are concerns that the move could lead to higher prices and reduced competition.

03 Jul:  JD Sports announced that it was still in line to produce profit for the year of at least equal to the expectations of the market.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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