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

Domino’s Pizza Group plc (LON:DOM) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 191.37 and traded as high as GBX 211. Domino’s Pizza Group shares last traded at GBX 208.92, with a volume of 636,502 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts have commented on DOM shares. JPMorgan Chase & Co. lifted their price target on shares of Domino’s Pizza Group from GBX 145 to GBX 167 and gave the stock an “underweight” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 178 target price on shares of Domino’s Pizza Group in a report on Wednesday, August 5th. Peel Hunt reiterated a “buy” rating and issued a GBX 275 target price on shares of Domino’s Pizza Group in a research report on Tuesday, August 4th. Shore Capital Group upgraded shares of Domino’s Pizza Group to a “buy” rating and set a GBX 270 target price on the stock in a research report on Friday, August 21st. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 230 price target on shares of Domino’s Pizza Group in a research note on Tuesday, August 18th. Three research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 224.

Domino’s Pizza Group Stock Down 0.1%

The company has a current ratio of 0.67, a quick ratio of 0.83 and a debt-to-equity ratio of -656.99. The stock has a 50 day simple moving average of GBX 198.64 and a 200 day simple moving average of GBX 191.37. The firm has a market capitalization of £796.33 million, a PE ratio of 13.57, a PEG ratio of 5.24 and a beta of 1.22.

Domino’s Pizza Group (LON:DOM) last released its quarterly earnings data on Tuesday, August 4th. The company reported GBX 8 earnings per share for the quarter. Domino’s Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. As a group, sell-side analysts forecast that Domino’s Pizza Group plc will post 23.3281005 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Ian Bull purchased 15,700 shares of the company’s stock in a transaction on Monday, August 10th. The stock was acquired at an average price of GBX 200 per share, with a total value of £31,400. 13.74% of the stock is 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.