Domino’s Pizza Group (LON:DOM) Shares Pass Above 200-Day Moving Average – Time to Sell?

Domino’s Pizza Group plc (LON:DOM)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 trading hands.

Analysts Set New Price Targets

A number of brokerages recently issued reports on DOM. Deutsche Bank Aktiengesellschaft downgraded Domino’s Pizza Group to a “sell” rating and cut their price objective for the stock from GBX 235 to GBX 175 in a research report on Thursday, March 5th. Shore Capital Group reaffirmed a “hold” rating on shares of Domino’s Pizza Group in a research report 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. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target 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 stock has a market cap of £697.14 million, a PE ratio of 12.19, a P/E/G ratio of 5.24 and a beta of 1.19. The company has a fifty day moving average of GBX 189.88 and a 200-day moving average of GBX 184.81.

Insiders Place Their Bets

In other Domino’s Pizza Group news, insider Annie Murphy purchased 10,300 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were bought at an average cost 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.