Sports Direct International (LON:SPD) Stock Price Down 0.5% – Here’s What Happened

Sports Direct International Plc (LON:SPDGet Free Report) shares fell 0.5% on Wednesday . The company traded as low as GBX 462.80 ($5.84) and last traded at GBX 470 ($5.93). 3,140,932 shares were traded during mid-day trading, an increase of 438% from the average session volume of 583,293 shares. The stock had previously closed at GBX 472.20 ($5.96).

Sports Direct International Price Performance

The company has a market capitalization of £2.45 billion and a price-to-earnings ratio of 21.86. 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 company has a 50 day simple moving average of GBX 470 and a 200 day simple moving average of GBX 470.

About Sports Direct International

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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.

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