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

Domino’s Pizza Group plc (LON:DOM) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 191 and traded as high as GBX 191.80. Domino’s Pizza Group shares last traded at GBX 191, with a volume of 1,317,238 shares trading hands.

Wall Street Analyst Weigh In

A number of research firms have weighed in on DOM. Royal Bank Of Canada cut their target price on Domino’s Pizza Group from GBX 285 to GBX 250 and set an “outperform” rating for the company in a research report on Friday, January 23rd. Peel Hunt decreased their target price on Domino’s Pizza Group from GBX 350 to GBX 275 and set a “buy” rating for the company in a research note on Tuesday, November 25th. Finally, Shore Capital Group reaffirmed a “hold” rating on shares of Domino’s Pizza Group in a report on Tuesday, November 25th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 285.

Domino’s Pizza Group Trading Up 1.6%

The firm has a 50 day moving average price of GBX 177.55 and a two-hundred day moving average price of GBX 191. The firm has a market capitalization of £740.32 million, a P/E ratio of 9.80, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. The company has a debt-to-equity ratio of -562.33, a quick ratio of 0.83 and a current ratio of 0.86.

Insider Buying and Selling

In other news, insider Ian Bull acquired 20,000 shares of Domino’s Pizza Group stock in a transaction on Wednesday, December 3rd. The stock was bought at an average cost of GBX 172 per share, with a total value of £34,400. Corporate insiders own 11.76% of the company’s stock.

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.