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

Shares of Domino’s Pizza Group plc (LON:DOM) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 184.15 and traded as high as GBX 198.80. Domino’s Pizza Group shares last traded at GBX 194.15, with a volume of 670,899 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts have weighed in on DOM shares. Deutsche Bank Aktiengesellschaft cut Domino’s Pizza Group to a “sell” rating and dropped their price objective for the stock from GBX 235 to GBX 175 in a report on Thursday, March 5th. Shore Capital Group reaffirmed 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 assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of GBX 270.

Domino’s Pizza Group Price Performance

The business has a 50 day moving average of GBX 188.36 and a 200 day moving average of GBX 184.15. The company has a market cap of £740.01 million, a PE ratio of 12.94, a price-to-earnings-growth ratio of 5.24 and a beta of 1.19. The company has a debt-to-equity ratio of -622.08, a current ratio of 0.84 and a quick ratio of 0.83.

Insider Transactions at Domino’s Pizza Group

In other news, insider Annie Murphy acquired 10,300 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was acquired at an average price of GBX 191 per share, for a total transaction of £19,673. Company 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.