Domino’s Pizza Group (LON:DOM) Stock Passes Above 200-Day Moving Average – Here’s Why

Domino’s Pizza Group plc (LON:DOM)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 183.21 and traded as high as GBX 192.40. Domino’s Pizza Group shares last traded at GBX 189.70, with a volume of 763,456 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft lowered Domino’s Pizza Group to a “sell” rating and decreased their price target for the stock from GBX 235 to GBX 175 in a research note on Thursday, March 5th. Shore Capital Group reissued a “hold” rating on shares of Domino’s Pizza Group in a research note on Thursday, April 23rd. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of GBX 270.

Domino’s Pizza Group Price Performance

The company has a 50 day moving average price of GBX 186.16 and a 200 day moving average price of GBX 183.21. The firm has a market cap of £723.06 million, a PE ratio of 12.65, a price-to-earnings-growth ratio of 5.24 and a beta of 1.19. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of -622.08.

Domino’s Pizza Group (LON:DOM) last issued its quarterly earnings data on Tuesday, March 10th. The company reported GBX 17.60 earnings per share (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 EPS for the current year.

Insider Activity at Domino’s Pizza Group

In related news, insider Annie Murphy acquired 10,300 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average cost of GBX 191 per share, for a total transaction of £19,673. Also, insider Ian Bull acquired 13,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average price of GBX 195 per share, with a total value of £25,350. Insiders have purchased a total of 24,050 shares of company stock valued at $4,647,800 over the last 90 days. Insiders own 11.76% of the company’s stock.

About Domino’s Pizza Group

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.