Dominos Pizza Inc (DPZ) : Traders are bullish on Dominos Pizza Inc (DPZ) as it has outperformed the S&P 500 by a margin of 11.52% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.97%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 9.64% in the last 1 week, and is up 19.05% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Dominos Pizza Inc (NYSE:DPZ): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $145.28 and $145.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $148.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $148.78, notching a gain of 2.85% for the day. The total traded volume was 1,213,639 . The stock had closed at $144.66 on the previous day.
The stock has recorded a 20-day Moving Average of 11.92% and the 50-Day Moving Average is 16.91%. Dominos Pizza, Inc. is up 12.7% in the last 3-month period. Year-to-Date the stock performance stands at 34.52%.
Dominos Pizza, Inc. is a pizza retail chain. The Company operates pizza stores at 11,900 locations in over 80 markets. The Company operates in three business segments: domestic stores, international franchise and supply chain. The Companys Domestic Stores segment consists primarily of its franchise operations, through which the Company operates network of 4,722 franchised stores located in the United States. The Companys International Franchise segment is comprised of a network of franchised stores in more than 80 international markets. The Company supply chain segment operates 16 regional dough manufacturing and food supply chain centers in the contiguous United States. Its basic menu features pizza products in various sizes and crust types. Its store also offers oven-baked sandwiches, pasta, boneless chicken and wings, bread side items, desserts and Coca-Cola soft drink products.