Domino’s Pizza Enterprises (OTCMKTS:DMZPY) Shares Down 17% – Here’s Why

Domino’s Pizza Enterprises Limited (OTCMKTS:DMZPY) shares were down 17% during mid-day trading on Friday . The company traded as low as $7.25 and last traded at $7.25. Approximately 1,000 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 2,853 shares. The stock had previously closed at $8.74.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada cut shares of Domino’s Pizza Enterprises from an “outperform” rating to an “underperform” rating in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Domino’s Pizza Enterprises has a consensus rating of “Reduce”.

Domino’s Pizza Enterprises Price Performance

The business has a fifty day simple moving average of $7.63 and a 200 day simple moving average of $6.38.

About Domino’s Pizza Enterprises

Domino’s Pizza Enterprises Limited (OTCMKTS:DMZPY) is the largest franchisee of the Domino’s Pizza brand outside the United States. The company holds exclusive master franchise rights across key markets including Australia, New Zealand, Germany, France, Belgium, the Netherlands, Japan and Taiwan. Its operations span a network of company-owned and franchised stores focused on pizza delivery and carryout services.

Customers access Domino’s menu through a variety of channels, including phone, web and mobile applications.