Domino’s Pizza Group (LON:DOM) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Domino’s Pizza Group plc (LON:DOM)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 312.27 ($3.92) and traded as high as GBX 315.40 ($3.96). Domino’s Pizza Group shares last traded at GBX 315.40 ($3.96), with a volume of 195,084 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of Domino’s Pizza Group in a research note on Wednesday, August 28th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 431.25 ($5.41).

Domino’s Pizza Group Stock Performance

The business’s fifty day moving average price is GBX 322.94 and its 200-day moving average price is GBX 312.27. 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 market capitalization of £1.23 billion, a PE ratio of 1,660.00, a P/E/G ratio of 5.24 and a beta of 0.95.

Insiders Place Their Bets

In other news, insider Edward Jamieson sold 14,073 shares of Domino’s Pizza Group stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of GBX 332 ($4.16), for a total transaction of £46,722.36 ($58,600.73). Corporate insiders own 16.56% of the company’s stock.

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.