Dominos Pizza UK (OTCMKTS:DPUKY) Reaches New 12-Month Low – Time to Sell?

Shares of Dominos Pizza UK (OTCMKTS:DPUKY) reached a new 52-week low during trading on Wednesday . The company traded as low as $4.71 and last traded at $4.73, with a volume of 41681 shares trading hands. The stock had previously closed at $4.82.

Analyst Upgrades and Downgrades

Separately, Peel Hunt raised shares of Dominos Pizza UK to a “strong-buy” rating in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Dominos Pizza UK Stock Down 1.2%

The business has a 50 day simple moving average of $5.33 and a two-hundred day simple moving average of $6.23.

Dominos Pizza UK declared that its board has approved a share buyback program on Monday, September 1st that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s board of directors believes its shares are undervalued.

About Dominos Pizza UK

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.