Tesco PLC (LON:TSCO - Get Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as GBX 399.30 ($5.42) and last traded at GBX 399.13 ($5.42), with a volume of 59928168 shares trading hands. The stock had previously closed at GBX 391.60 ($5.31).
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a "buy" rating on shares of Tesco in a research note on Thursday, April 10th.
Read Our Latest Report on TSCO
Tesco Stock Down 0.8%
The firm's 50-day simple moving average is GBX 368.75 and its 200 day simple moving average is GBX 364.74. The company has a debt-to-equity ratio of 126.35, a quick ratio of 0.60 and a current ratio of 0.81. The company has a market cap of £26.36 billion, a P/E ratio of 20.67, a PEG ratio of 1.43 and a beta of 0.51.
Tesco (LON:TSCO - Get Free Report) last announced its quarterly earnings data on Thursday, April 10th. The retailer reported GBX 27.71 ($0.38) EPS for the quarter. Tesco had a return on equity of 11.33% and a net margin of 1.92%. On average, research analysts forecast that Tesco PLC will post 27.374848 earnings per share for the current fiscal year.
Insider Transactions at Tesco
In other news, insider Ken Murphy acquired 40,000 shares of the stock in a transaction that occurred on Friday, April 11th. The stock was acquired at an average price of GBX 326 ($4.42) per share, for a total transaction of £130,400 ($176,957.52). Corporate 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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