Dominos Pizza UK (OTCMKTS:DPUKY) Sees Large Volume Increase – Here’s What Happened

Dominos Pizza UK (OTCMKTS:DPUKY) shares saw an uptick in trading volume on Friday . 43,422 shares changed hands during trading, an increase of 160% from the previous session’s volume of 16,700 shares.The stock last traded at $4.83 and had previously closed at $4.90.

Wall Street Analyst Weigh In

Separately, Peel Hunt raised shares of Dominos Pizza UK to a “strong-buy” rating in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Dominos Pizza UK presently has a consensus rating of “Moderate Buy”.

Dominos Pizza UK Price Performance

The stock’s 50-day moving average price is $5.37 and its 200 day moving average price is $6.29.

Dominos Pizza UK Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, October 14th. Shareholders of record on Monday, August 18th were issued a $0.0765 dividend. The ex-dividend date was Friday, August 15th. This represents a yield of 434.0%.

Dominos Pizza UK declared that its board has authorized a share buyback program on Monday, September 1st that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Dominos Pizza UK 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.