Domino’s Pizza Group (LON:DOM) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Domino’s Pizza Group plc (LON:DOM) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 182.88 and traded as high as GBX 192. Domino’s Pizza Group shares last traded at GBX 188, with a volume of 666,073 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Shore Capital Group reiterated a “hold” rating on shares of Domino’s Pizza Group in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft downgraded Domino’s Pizza Group to a “sell” rating and lowered their price target for the company from GBX 235 to GBX 175 in a report on Thursday, March 5th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 270.

Domino’s Pizza Group Stock Performance

The company has a debt-to-equity ratio of -622.08, a current ratio of 0.84 and a quick ratio of 0.83. The firm has a fifty day simple moving average of GBX 184.83 and a 200 day simple moving average of GBX 182.91. The company has a market cap of £709.72 million, a price-to-earnings ratio of 12.41, a P/E/G ratio of 5.24 and a beta of 1.19.

Domino’s Pizza Group (LON:DOM) last announced its quarterly earnings results on Tuesday, March 10th. The company reported GBX 17.60 EPS for the quarter. Domino’s Pizza Group had a negative return on equity of 68.82% and a net margin of 8.55%. On average, sell-side analysts expect that Domino’s Pizza Group plc will post 23.3281005 earnings per share for the current fiscal year.

Insider Buying and Selling at Domino’s Pizza Group

In related news, insider Annie Murphy acquired 10,300 shares of the stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average price of GBX 191 per share, for a total transaction of £19,673. Also, insider Ian Bull acquired 13,000 shares of the stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of GBX 195 per share, for a total transaction of £25,350. In the last 90 days, insiders bought 24,050 shares of company stock worth $4,647,800. 13.72% of the stock is currently owned by corporate insiders.

Domino’s Pizza Group Company Profile

Domino’s Pizza is the UK’s leading pizza brand and a major player in the Republic of Ireland.

We are part of the global Domino’s system, the biggest pizza delivery operator in the world. We hold the exclusive master franchise rights in the UK & Ireland under a long term agreement with Domino’s Pizza International Franchising Inc, the international arm of Domino’s Pizza Inc, which owns the Domino’s brand. Our core business is the UK & Ireland, where we have a clear number one market share. We operate a world-class supply chain, making fresh dough and acting as a scale and expert wholesaler of other food and non-food supplies to our franchisees.