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Home / Momentum / Domino’s Pizza (DOM.L) 04-05-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Domino’s Pizza (DOM.L) 04-05-20

Will shares in Domino’s Pizza (DOM.L) continue to rally, setting new recent highs?

  • Now trading at 342.6p (at time of writing), the share price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Could this be the ideal opportunity for momentum traders?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -1% from 12-month highs; +54% from 12 month lows.

Latest News

 

27 Mar:  Domino’s Pizza announced it had paused its dividend to preserve cash, despite seeing an increase in pizza deliveries within the United Kingdom.

23 Mar:  Berenberg has upgraded its rating on Domino’s Pizza Group (DOM) to hold (from sell) and increased the target price to 250p (from 225p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

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