Tesco PLC (LON:TSCO - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 398.30 ($5.40) and last traded at GBX 395.50 ($5.36), with a volume of 155716734 shares changing hands. The stock had previously closed at GBX 390.60 ($5.29).
Analyst Ratings Changes
Separately, Shore Capital restated a "buy" rating on shares of Tesco in a report on Thursday, April 10th.
View Our Latest Stock Report on Tesco
Tesco Price Performance
The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 126.35. The stock has a market capitalization of £25.84 billion, a price-to-earnings ratio of 20.27, a P/E/G ratio of 1.43 and a beta of 0.51. The business has a 50-day simple moving average of GBX 360.94 and a two-hundred day simple moving average of GBX 362.80.
Tesco (LON:TSCO - Get Free Report) last posted its quarterly earnings results on Thursday, April 10th. The retailer reported GBX 27.71 ($0.38) earnings per share for the quarter. Tesco had a return on equity of 11.33% and a net margin of 1.92%. As a group, research analysts predict that Tesco PLC will post 27.374848 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, insider Ken Murphy purchased 40,000 shares of Tesco stock in a transaction that occurred on Friday, April 11th. The shares were acquired at an average price of GBX 326 ($4.42) per share, for a total transaction of £130,400 ($176,717.71). 2.51% of the stock is currently owned by 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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