Dominos Pizza UK (OTCMKTS:DPUKY) Shares Gap Down – Here’s What Happened

Dominos Pizza UK (OTCMKTS:DPUKY)’s share price 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 traded.

Analyst Ratings Changes

Separately, Peel Hunt upgraded 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 given a Sell rating to the stock. According to data from MarketBeat.com, Dominos Pizza UK presently has a consensus rating of “Moderate Buy”.

Dominos Pizza UK Price Performance

The firm has a fifty day moving average of $5.16 and a 200-day moving average of $6.08.

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