Domino’s Pizza Inc Looks to Continue to Trade Above its Annual-High Share Price Today

July 13, 2021 12:11:06

Shares of Domino’s Pizza Inc (NYSE:DPZ) traded today at $491.42, eclipsing its 52-week high. This new high was reached on below average trading volume as 249,000 shares traded hands, while the average 30-day volume is approximately 524,000 shares.

In the past 52 weeks, Domino’s Pizza Inc share prices are bracketed by a low of $319.71 and a high of $491.42 and is now at $490.57, 53% above that low price.

Domino’s Pizza Inc. is a restaurant operator and franchisor, with a footprint of more than 17,800 stores across 90 countries. The firm generates revenue through the sales of pizza, wings, salads, and sandwiches at company-owned stores, through royalty and marketing contributions from franchise-operated stores, and through its network of 26 dough manufacturing and supply chain facilities which centralize purchasing, preparation, and last-mile delivery for more than 6,800 units in the U.S. and Canada. With roughly $16 billion in 2020 system sales, Domino’s is the largest player in the global pizza market, ahead of Pizza Hut, Papa John’s, and Little Caesars.

Domino’s Pizza Inc (NYSE:DPZ) is currently priced 1.9% above its average consensus analyst price target of $481.12.

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