Domino’s Pizza Group (LON:DOM) Stock Passes Above 200-Day Moving Average – Should You Sell?

Domino’s Pizza Group plc (LON:DOM)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 312.75 ($4.06) and traded as high as GBX 315.40 ($4.09). Domino’s Pizza Group shares last traded at GBX 314.40 ($4.08), with a volume of 1,214,480 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Shore Capital restated a “buy” rating on shares of Domino’s Pizza Group in a research report on Wednesday, August 28th. Royal Bank of Canada lowered their price objective on Domino’s Pizza Group from GBX 400 ($5.19) to GBX 390 ($5.06) and set an “outperform” rating on the stock in a research report on Tuesday, August 13th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 431.25 ($5.59).

Domino’s Pizza Group Stock Up 4.4 %

The stock has a market cap of £1.23 billion, a PE ratio of 1,654.74, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. The company has a current ratio of 0.86, a quick ratio of 0.83 and a debt-to-equity ratio of 9,124.00. The business has a 50-day moving average price of GBX 300.43 and a 200-day moving average price of GBX 312.75.

Domino’s Pizza Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, August 15th were paid a GBX 3.50 ($0.05) dividend. This represents a yield of 1.13%. The ex-dividend date of this dividend was Thursday, August 15th. Domino’s Pizza Group’s dividend payout ratio is currently 5,789.47%.

Insider Activity at Domino’s Pizza Group

In other news, insider Ian Bull acquired 10,000 shares of Domino’s Pizza Group stock in a transaction that occurred on Tuesday, August 6th. The stock was purchased at an average cost of GBX 294 ($3.81) per share, with a total value of £29,400 ($38,127.35). 16.56% of the stock is owned by corporate insiders.

Domino’s Pizza Group Company Profile

Domino's Pizza Group plc owns, operates, and franchises Domino's Pizza stores. It operates stores in the United Kingdom and the Republic of Ireland, as well as leases its stores. The company was formerly known as Domino's Pizza UK & IRL plc and changed its name to Domino's Pizza Group plc in May 2012.