Domino’s Pizza Group (LON:DOM) Stock Crosses Above 200-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 Wednesday . The stock has a 200-day moving average of GBX 312.27 ($3.92) and traded as high as GBX 315.40 ($3.96). Domino’s Pizza Group shares last traded at GBX 315.40 ($3.96), with a volume of 195,084 shares.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of Domino’s Pizza Group in a report on Wednesday, August 28th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, Domino’s Pizza Group currently has an average rating of “Buy” and an average target price of GBX 431.25 ($5.41).

Domino’s Pizza Group Stock Performance

The company has a debt-to-equity ratio of 9,124.00, a quick ratio of 0.83 and a current ratio of 0.86. The company has a market cap of £1.23 billion, a PE ratio of 1,660.00, a PEG ratio of 5.24 and a beta of 0.95. The business’s 50-day moving average is GBX 322.94 and its 200 day moving average is GBX 312.27.

Insider Activity

In related news, insider Edward Jamieson sold 14,073 shares of Domino’s Pizza Group stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of GBX 332 ($4.16), for a total value of £46,722.36 ($58,600.73). Insiders own 16.56% of the company’s stock.

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.