Tesco PLC (LON:TSCO - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 361.60 ($4.67) and traded as high as GBX 389.13 ($5.03). Tesco shares last traded at GBX 388.70 ($5.02), with a volume of 26,632,443 shares changing hands.
Wall Street Analyst Weigh In
TSCO has been the topic of several recent research reports. JPMorgan Chase & Co. decreased their price target on Tesco from GBX 410 ($5.30) to GBX 400 ($5.17) and set an "overweight" rating on the stock in a report on Monday, January 13th. Shore Capital reiterated a "buy" rating on shares of Tesco in a report on Tuesday, December 10th.
Check Out Our Latest Stock Analysis on Tesco
Tesco Stock Performance
The firm has a fifty day moving average of GBX 370.68 and a 200-day moving average of GBX 362.32. The firm has a market cap of £25.36 billion, a P/E ratio of 19.89, a PEG ratio of 1.43 and a beta of 0.51. The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 126.35.
Insider Buying and Selling at Tesco
In related news, insider Gerard Murphy bought 40,000 shares of the business's stock in a transaction on Wednesday, January 29th. The shares were purchased at an average price of GBX 371 ($4.80) per share, with a total value of £148,400 ($191,805.61). Over the last quarter, insiders have purchased 40,073 shares of company stock valued at $14,867,657. 2.51% of the stock is currently owned by company insiders.
About Tesco
(
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Tesco was built to be a champion for customers, serving them every day with affordable, healthy and sustainable food. Our commitment to our customers extends beyond our stores, and into every community we serve – in the UK, Republic of Ireland, Slovakia, the Czech Republic and Hungary. We invest in communities to help them thrive, through supporting schools and children's groups, food banks and other good causes.
In challenging times, our purpose has guided every part of the Group.
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