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

Shares of Domino’s Pizza Group plc (LON:DOM) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 184.70 and traded as high as GBX 185.80. Domino’s Pizza Group shares last traded at GBX 184.31, with a volume of 460,587 shares changing hands.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft downgraded Domino’s Pizza Group to a “sell” rating and decreased their price target for the company 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 research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Domino’s Pizza Group has an average rating of “Hold” and a consensus price target of GBX 270.

Domino’s Pizza Group Stock Performance

The business’s 50-day simple moving average is GBX 189.60 and its two-hundred day simple moving average is GBX 184.70. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of -622.08. The firm has a market cap of £702.53 million, a price-to-earnings ratio of 12.29, a P/E/G ratio of 5.24 and a beta of 1.19.

Insider Buying and Selling at Domino’s Pizza Group

In other Domino’s Pizza Group news, insider Annie Murphy purchased 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, for a total transaction of £19,673. 11.76% of the stock is currently owned by corporate insiders.

About Domino’s Pizza Group

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.