Dominos Pizza UK (OTCMKTS:DPUKY) Shares Gap Up – Here’s Why

Dominos Pizza UK (OTCMKTS:DPUKY) gapped up before the market opened on Wednesday . The stock had previously closed at $4.80, but opened at $5.03. Dominos Pizza UK shares last traded at $5.03, with a volume of 174 shares changing hands.

Wall Street Analyst Weigh In

Separately, Barclays upgraded Dominos Pizza UK from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Dominos Pizza UK Stock Up 4.8%

The firm’s 50 day moving average is $5.08 and its 200-day moving average is $4.97.

Dominos Pizza UK Company Profile

Dominos Pizza UK (OTCMKTS:DPUKY) is the American depositary receipt (ADR) of Domino’s Pizza Group plc, the master franchisee responsible for the development and operation of Domino’s branded pizza delivery and carry-out restaurants across the United Kingdom and Ireland. Since opening its first store in Lutterworth, Leicestershire in 1993, the business has grown from a single outlet to one of the largest pizza delivery networks in Europe, leveraging the global Domino’s brand under licence from Domino’s Pizza, Inc

The company’s primary activities encompass the franchising, corporate operation and supply of pizza restaurants, supported by regional supply chain facilities that provide dough, sauces and other ingredients to every store.