Domino’s Pizza Group (LON:DOM) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Domino’s Pizza Group plc (LON:DOM) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 183.28 and traded as high as GBX 194.70. Domino’s Pizza Group shares last traded at GBX 193.90, with a volume of 845,861 shares changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on DOM shares. Deutsche Bank Aktiengesellschaft lowered shares of Domino’s Pizza Group to a “sell” rating and lowered their target price for the stock from GBX 235 to GBX 175 in a research note on Thursday, March 5th. Shore Capital Group reaffirmed a “hold” rating on shares of Domino’s Pizza Group in a report on Thursday, April 23rd. Finally, Royal Bank Of Canada lowered their price target on Domino’s Pizza Group from GBX 285 to GBX 250 and set an “outperform” rating on the stock in a research report on Friday, January 23rd. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of GBX 270.

Domino’s Pizza Group Stock Up 0.1%

The stock has a market cap of £739.83 million, a price-to-earnings ratio of 12.94, a PEG ratio of 5.24 and a beta of 1.17. The business’s 50 day moving average is GBX 185.54 and its 200-day moving average is GBX 183.28. The company has a debt-to-equity ratio of -622.08, a quick ratio of 0.83 and a current ratio of 0.84.

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

Insider Buying and Selling at Domino’s Pizza Group

In related news, insider Ian Bull purchased 13,000 shares of Domino’s Pizza Group stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average price of GBX 195 per share, for a total transaction of £25,350. 13.72% of the stock is currently owned by company 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.