Dominos Pizza UK (OTCMKTS:DPUKY) Sees Large Volume Increase – Time to Buy?

Dominos Pizza UK (OTCMKTS:DPUKY) shares saw unusually-strong trading volume on Friday . Approximately 43,422 shares traded hands during mid-day 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.

Analyst Upgrades and Downgrades

Separately, Peel Hunt upgraded 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Dominos Pizza UK Price Performance

The business’s fifty day simple moving average is $5.37 and its two-hundred day simple moving average is $6.29.

Dominos Pizza UK Cuts Dividend

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

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