Domino’s Pizza Group (LON:DOM) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Domino’s Pizza Group plc (LON:DOM) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 182.88 and traded as high as GBX 192. Domino’s Pizza Group shares last traded at GBX 188, with a volume of 666,073 shares.

Wall Street Analyst Weigh In

Several brokerages have commented on DOM. Deutsche Bank Aktiengesellschaft cut shares of Domino’s Pizza Group to a “sell” rating and dropped their price target for the stock from GBX 235 to GBX 175 in a research report on Thursday, March 5th. Shore Capital Group reiterated a “hold” rating on shares of Domino’s Pizza Group in a research report on Thursday, April 23rd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 270.

Domino’s Pizza Group Stock Performance

The stock has a market capitalization of £716.58 million, a P/E ratio of 12.53, a PEG ratio of 5.24 and a beta of 1.19. The firm’s 50-day simple moving average is GBX 184.67 and its 200 day simple moving average is GBX 182.88. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of -622.08.

Domino’s Pizza Group (LON:DOM) last issued its quarterly earnings results on Tuesday, March 10th. The company reported GBX 17.60 EPS for the quarter. Domino’s Pizza Group had a negative return on equity of 68.82% and a net margin of 8.55%. Equities research analysts anticipate that Domino’s Pizza Group plc will post 23.3281005 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Ian Bull bought 13,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was acquired at an average cost of GBX 195 per share, for a total transaction of £25,350. Also, insider Annie Murphy bought 10,300 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average price of GBX 191 per share, with a total value of £19,673. Insiders purchased 24,050 shares of company stock valued at $4,647,800 over the last 90 days. 13.72% of the stock is currently owned by corporate 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.