Dominos Pizza UK (OTCMKTS:DPUKY) Shares Gap Down – Time to Sell?

Dominos Pizza UK (OTCMKTS:DPUKY) shares gapped down prior to trading on Monday . The stock had previously closed at $4.78, but opened at $4.60. Dominos Pizza UK shares last traded at $4.51, with a volume of 5,841 shares changing hands.

Wall Street Analyst Weigh In

Separately, Peel Hunt raised Dominos Pizza UK to a “strong-buy” rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Dominos Pizza UK Stock Performance

The business’s 50-day simple moving average is $5.16 and its 200 day simple moving average is $6.08.

Dominos Pizza UK announced that its Board of Directors has approved a stock buyback program on Monday, September 1st that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are usually 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.