Dominos Pizza UK (OTCMKTS:DPUKY) Sets New 52-Week Low – Time to Sell?

Dominos Pizza UK (OTCMKTS:DPUKY)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as $5.25 and last traded at $5.25, with a volume of 5517 shares trading hands. The stock had previously closed at $5.40.

Analyst Upgrades and Downgrades

Separately, Peel Hunt upgraded Dominos Pizza UK to a “strong-buy” rating in a report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Dominos Pizza UK Trading Down 0.9%

The firm has a fifty day moving average price of $5.66 and a 200-day moving average price of $6.65.

Dominos Pizza UK Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, October 14th. Stockholders of record on Monday, August 18th will be issued a dividend of $0.0765 per share. The ex-dividend date is Friday, August 15th. This represents a dividend yield of 434.0%.

Dominos Pizza UK announced that its board has initiated a stock repurchase program on Monday, September 1st that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s leadership 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.