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

Domino’s Pizza Group plc (LON:DOM) shares crossed 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 changing hands.

Analysts Set New Price Targets

DOM has been the subject of several research reports. Deutsche Bank Aktiengesellschaft downgraded shares of Domino’s Pizza Group to a “sell” rating and dropped their price objective for the company from GBX 235 to GBX 175 in a report on Thursday, March 5th. Shore Capital Group restated a “hold” rating on shares of Domino’s Pizza Group in a research report on Thursday, April 23rd. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza Group presently has an average rating of “Hold” and an average target price of GBX 270.

Domino’s Pizza Group Price Performance

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 company has a market capitalization of £715.54 million, a PE ratio of 12.52, a price-to-earnings-growth ratio of 5.24 and a beta of 1.19. The stock’s 50-day moving average is GBX 188.94 and its two-hundred day moving average is GBX 184.35.

Insider Activity at Domino’s Pizza Group

In related news, insider Annie Murphy bought 10,300 shares of Domino’s Pizza Group stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average cost of GBX 191 per share, with a total value of £19,673. Company insiders own 11.76% of the company’s stock.

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.