Sports Direct International (LON:SPD) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Sports Direct International Plc (LON:SPD) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 470 ($6.10) and traded as high as GBX 486 ($6.30). Sports Direct International shares last traded at GBX 470 ($6.10), with a volume of 3,140,932 shares changing hands.

Sports Direct International Trading Down 0.5 %

The company has a quick ratio of 1.33, a current ratio of 3.39 and a debt-to-equity ratio of 65.99. The stock has a market capitalization of £2.45 billion and a P/E ratio of 21.86. The firm’s 50 day simple moving average is GBX 470 and its two-hundred day simple moving average is GBX 470.

About Sports Direct International

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.