Domino's Pizza Group (LON:DOM) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

Domino's Pizza Group plc (LON:DOM - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 183.28 and traded as high as GBX 194.70. Domino's Pizza Group shares last traded at GBX 193.90, with a volume of 845,861 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on DOM shares. Deutsche Bank Aktiengesellschaft lowered shares of Domino's Pizza Group to a "sell" rating and reduced their price target for the stock from GBX 235 to GBX 175 in a research report on Thursday, March 5th. Royal Bank Of Canada dropped their price objective on shares of Domino's Pizza Group from GBX 285 to GBX 250 and set an "outperform" rating on the stock in a report on Friday, January 23rd. Finally, Shore Capital Group reiterated a "hold" rating on shares of Domino's Pizza Group in a research note on Thursday, April 23rd. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Domino's Pizza Group presently has an average rating of "Hold" and a consensus target price of GBX 270.

Domino's Pizza Group Trading Up 0.1%

The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of -622.08. The firm has a market cap of £739.83 million, a price-to-earnings ratio of 12.94, a PEG ratio of 5.24 and a beta of 1.17. The company has a fifty day moving average price of GBX 185.54 and a 200-day moving average price of GBX 183.28.

Domino's Pizza Group (LON:DOM - Get Free Report) last posted its 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%. As a group, research analysts expect that Domino's Pizza Group plc will post 23.3281005 EPS for the current year.

Insider Activity at Domino's Pizza Group

In other news, insider Ian Bull bought 13,000 shares of the business's stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average cost of GBX 195 per share, with a total value of £25,350. 13.72% of the stock is owned by 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.

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