Tesco PLC (LON:TSCO - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 347.37 ($4.24) and traded as high as GBX 368.90 ($4.50). Tesco shares last traded at GBX 368 ($4.49), with a volume of 22,925,766 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a "buy" rating on shares of Tesco in a research note on Tuesday, December 10th.
Get Our Latest Research Report on TSCO
Tesco Price Performance
The company has a debt-to-equity ratio of 126.42, a quick ratio of 0.60 and a current ratio of 0.81. The company's fifty day moving average price is GBX 361.30 and its 200 day moving average price is GBX 347.72. The firm has a market capitalization of £24.50 billion, a price-to-earnings ratio of 1,332.22, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.
Insider Activity at Tesco
In other Tesco news, insider Bertrand Bodson bought 734 shares of the stock in a transaction on Friday, November 22nd. The shares were bought at an average price of GBX 355 ($4.33) per share, with a total value of £2,605.70 ($3,181.56). Company insiders own 2.51% of the company's stock.
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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