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

Domino’s Pizza Group plc (LON:DOM)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 313.04 ($3.95) and traded as high as GBX 341.80 ($4.31). Domino’s Pizza Group shares last traded at GBX 340.60 ($4.29), with a volume of 745,193 shares trading hands.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on DOM. Royal Bank of Canada lowered their price objective on Domino’s Pizza Group from GBX 400 ($5.04) to GBX 390 ($4.91) and set an “outperform” rating for the company in a research report on Tuesday, August 13th. Shore Capital reaffirmed a “buy” rating on shares of Domino’s Pizza Group in a report on Wednesday, August 28th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 431.25 ($5.43).

Domino’s Pizza Group Price Performance

The firm has a market cap of £1.33 billion, a price-to-earnings ratio of 1,792.63, a PEG ratio of 5.24 and a beta of 0.95. The company has a debt-to-equity ratio of 9,124.00, a current ratio of 0.86 and a quick ratio of 0.83. The stock has a 50-day moving average price of GBX 306.68 and a 200 day moving average price of GBX 312.96.

Insider Buying and Selling at Domino’s Pizza Group

In other news, insider Edward Jamieson sold 14,073 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of GBX 332 ($4.18), for a total value of £46,722.36 ($58,881.36). 16.56% of the stock is owned by company insiders.

Domino’s Pizza Group Company Profile

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.