Dominos Pizza UK (OTCMKTS:DPUKY) Reaches New 52-Week Low - What's Next?

Key Points

• Dominos Pizza UK has reached a new 52-week low of $5.00, marking a significant decline as shares traded down from a closing price of $5.23.
• Analysts have mixed ratings for the stock, with one rating it as a Strong Buy and another advising a Sell, leading to a consensus rating of “Moderate Buy.”
• The company recently implemented a stock buyback program, indicating management's belief that the stock is undervalued, as well as announced a dividend yield of 434.0% paid to shareholders.

Dominos Pizza UK (OTCMKTS:DPUKY - Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as $5.00 and last traded at $5.00, with a volume of 33745 shares changing hands. The stock had previously closed at $5.23.

Analysts Set New Price Targets

Separately, Peel Hunt upgraded Dominos Pizza UK to a "strong-buy" rating in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Dominos Pizza UK Stock Performance

The stock has a 50-day simple moving average of $5.50 and a two-hundred day simple moving average of $6.53.

Dominos Pizza UK Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, October 14th. Investors of record on Monday, August 18th were given a dividend of $0.0765 per share. The ex-dividend date was Friday, August 15th. This represents a dividend yield of 434.0%.

Dominos Pizza UK announced that its Board of Directors has authorized a stock buyback program on Monday, September 1st that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

About Dominos Pizza UK

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.

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