Domino’s Pizza Group (LON:DOM) Stock Price Down 3.4% – Time to Sell?

Domino’s Pizza Group plc (LON:DOM)’s share price fell 3.4% during trading on Monday . The company traded as low as GBX 337.60 ($4.31) and last traded at GBX 340 ($4.34). 5,886,009 shares changed hands during mid-day trading, an increase of 563% from the average session volume of 888,008 shares. The stock had previously closed at GBX 352 ($4.49).

Analysts Set New Price Targets

Several analysts have issued reports on DOM shares. Shore Capital restated a “buy” rating on shares of Domino’s Pizza Group in a research report on Wednesday, August 28th. Royal Bank of Canada lowered their price objective on Domino’s Pizza Group from GBX 400 ($5.10) to GBX 390 ($4.98) and set an “outperform” rating on the stock in a research report on Tuesday, August 13th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 431.25 ($5.50).

Domino’s Pizza Group Stock Down 3.5 %

The firm has a market cap of £1.26 billion, a price-to-earnings ratio of 1,734.89, a PEG ratio of 5.24 and a beta of 0.95. The company has a debt-to-equity ratio of 9,124.00, a quick ratio of 0.83 and a current ratio of 0.86. The business’s 50-day moving average is GBX 320.61 and its 200-day moving average is GBX 313.75.

Insiders Place Their Bets

In other Domino’s Pizza Group news, insider Edward Jamieson sold 14,073 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of GBX 332 ($4.24), for a total transaction of £46,722.36 ($59,602.45). Insiders own 16.56% of the company’s stock.

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.