Domino’s Pizza Group (LON:DOM) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Domino’s Pizza Group plc (LON:DOM)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 185.90 and traded as high as GBX 188.80. Domino’s Pizza Group shares last traded at GBX 187.20, with a volume of 749,411 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated 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 assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Domino’s Pizza Group has a consensus rating of “Hold” and an average price target of GBX 270.

Domino’s Pizza Group Price Performance

The company has a debt-to-equity ratio of -622.08, a current ratio of 0.84 and a quick ratio of 0.83. The firm has a 50-day moving average of GBX 188.63 and a 200-day moving average of GBX 185.90. The stock has a market cap of £713.53 million, a PE ratio of 12.48, a PEG ratio of 5.24 and a beta of 1.20.

Insiders Place Their Bets

In other Domino’s Pizza Group news, insider Annie Murphy purchased 10,300 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was acquired at an average cost of GBX 191 per share, for a total transaction of £19,673. 13.74% 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.