Tesco PLC (LON:TSCO - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 344.63 ($4.27) and traded as high as GBX 369.30 ($4.57). Tesco shares last traded at GBX 368.30 ($4.56), with a volume of 4,495,767 shares changing hands.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "buy" rating on shares of Tesco in a research report on Tuesday, December 10th.
Check Out Our Latest Research Report on Tesco
Tesco Price Performance
The company has a fifty day simple moving average of GBX 359.07 and a two-hundred day simple moving average of GBX 345.09. The stock has a market capitalization of £25.38 billion, a price-to-earnings ratio of 1,380.37, a PEG ratio of 1.43 and a beta of 0.51. The company has a debt-to-equity ratio of 126.42, a quick ratio of 0.60 and a current ratio of 0.81.
Insider Activity at Tesco
In other Tesco news, insider Bertrand Bodson bought 734 shares of the business's stock in a transaction on Friday, November 22nd. The stock was purchased at an average cost of GBX 355 ($4.39) per share, for a total transaction of £2,605.70 ($3,225.28). 2.51% of the stock is owned by insiders.
About Tesco
(
Get Free Report)
Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.
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