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Tesco (OTCMKTS:TSCDY) Shares Pass Below Fifty Day Moving Average - Should You Sell?

Tesco logo with Retail/Wholesale background
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Tesco PLC (OTCMKTS:TSCDY - Get Free Report)'s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14.08 and traded as low as $12.57. Tesco shares last traded at $12.63, with a volume of 334,821 shares.

Tesco Stock Up 1.5 %

The firm's 50-day moving average price is $14.06 and its 200 day moving average price is $14.01. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 0.48.

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.

Further Reading

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