Sports Direct International (LON:SPD) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Sports Direct International Plc (LON:SPD) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 470 ($5.91) and traded as high as GBX 486 ($6.11). Sports Direct International shares last traded at GBX 470 ($5.91), with a volume of 3,140,932 shares traded.

Sports Direct International Stock Performance

The firm has a market capitalization of £2.45 billion and a PE ratio of 21.86. The business has a 50-day simple moving average of GBX 470 and a 200-day simple moving average of GBX 470. The company has a debt-to-equity ratio of 65.99, a current ratio of 3.39 and a quick ratio of 1.33.

Sports Direct International Company Profile

Sports Direct International plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, and apparel. It operates through five segments: UK Sports Retail, European Retail, Rest of World Retail, Premium Lifestyle, and Wholesale & Licensing. The company is also involved in the wholesale distribution and sale of sports and leisure clothing, footwear, equipment, and apparel under company-owned or licensed brands; and licensing activities.