Tesco PLC (LON:TSCO - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 401.55 ($5.39) and last traded at GBX 400.26 ($5.37), with a volume of 18925947 shares traded. The stock had previously closed at GBX 396.20 ($5.32).
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "buy" rating on shares of Tesco in a report on Thursday, April 10th.
Check Out Our Latest Stock Report on Tesco
Tesco Stock Down 0.0%
The company has a market capitalization of £26.83 billion, a PE ratio of 21.04, a PEG ratio of 1.43 and a beta of 0.51. The company's 50 day moving average is GBX 375.77 and its two-hundred day moving average is GBX 365.86. The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 126.35.
Tesco (LON:TSCO - Get Free Report) last issued its quarterly earnings data on Thursday, April 10th. The retailer reported GBX 27.71 ($0.37) earnings per share for the quarter. Tesco had a return on equity of 11.33% and a net margin of 1.92%. On average, analysts anticipate that Tesco PLC will post 27.374848 earnings per share for the current year.
Insider Activity at Tesco
In related news, insider Ken Murphy purchased 40,000 shares of the company's stock in a transaction that occurred on Friday, April 11th. The stock was bought at an average price of GBX 326 ($4.38) per share, for a total transaction of £130,400 ($175,057.05). 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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