Zacks Investment Research Downgrades Sports Direct Intl (SDISY) to Hold

Zacks Investment Research cut shares of Sports Direct Intl (OTCMKTS:SDISY) from a buy rating to a hold rating in a research report released on Thursday morning.

According to Zacks, “Sports Direct International plc provides retails sports and leisure clothing, footwear, equipment and accessories. The company’s operating segment consists of Sports Retail, Brands and Premium Lifestyle. Sports Direct International plc is headquartered in Shirebrook, the United Kingdom. “

Separately, Jefferies Group cut shares of Sports Direct Intl from a hold rating to an underperform rating in a research note on Wednesday, December 13th.

Shares of Sports Direct Intl (SDISY) remained flat at $$10.47 during midday trading on Thursday. Sports Direct Intl has a 52-week low of $7.40 and a 52-week high of $10.47. The company has a current ratio of 1.07, a quick ratio of 0.45 and a debt-to-equity ratio of 0.01.

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