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

Domino’s Pizza Group plc (LON:DOM)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 313.63 ($4.07) and traded as high as GBX 314 ($4.08). Domino’s Pizza Group shares last traded at GBX 306.60 ($3.98), with a volume of 373,915 shares traded.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Royal Bank of Canada decreased their price objective on Domino’s Pizza Group from GBX 400 ($5.19) to GBX 390 ($5.06) and set an “outperform” rating on the stock in a research note on Tuesday, August 13th. Shore Capital restated a “buy” rating on shares of Domino’s Pizza Group in a research report on Wednesday, August 28th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Domino’s Pizza Group has a consensus rating of “Buy” and an average price target of GBX 431.25 ($5.60).

Domino’s Pizza Group Trading Down 0.2 %

The stock has a fifty day moving average of GBX 299.51 and a two-hundred day moving average of GBX 313.44. The company has a market capitalization of £1.20 billion, a PE ratio of 1,610.53, a PEG ratio of 5.24 and a beta of 0.95. The company has a current ratio of 0.86, a quick ratio of 0.83 and a debt-to-equity ratio of 9,124.00.

Domino’s Pizza Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, August 15th were paid a GBX 3.50 ($0.05) dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a dividend yield of 1.13%. Domino’s Pizza Group’s dividend payout ratio (DPR) is 5,789.47%.

Insider Activity at Domino’s Pizza Group

In other Domino’s Pizza Group news, insider Ian Bull purchased 10,000 shares of the business’s stock in a transaction on Tuesday, August 6th. The stock was acquired at an average cost of GBX 294 ($3.82) per share, for a total transaction of £29,400 ($38,171.90). 16.56% of the stock is owned by insiders.

About Domino’s Pizza Group

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.