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Tesco (OTCMKTS:TSCDY) Share Price Crosses Below Fifty Day Moving Average - Here's What Happened

Tesco logo with Retail/Wholesale background

Tesco PLC (OTCMKTS:TSCDY - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.78 and traded as low as $13.51. Tesco shares last traded at $13.51, with a volume of 156,865 shares trading hands.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Royal Bank of Canada assumed coverage on Tesco in a report on Tuesday, November 19th. They set a "sector perform" rating for the company. BNP Paribas assumed coverage on shares of Tesco in a research report on Friday, October 18th. They issued an "outperform" rating on the stock.

Read Our Latest Report on Tesco

Tesco Trading Down 1.0 %

The stock's 50-day moving average is $13.79 and its 200-day moving average is $13.72.

Tesco Company Profile

(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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