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Tesco (LON:TSCO) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Tesco logo with Consumer Defensive background

Tesco PLC (LON:TSCO - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 369.58 ($4.96) and traded as high as GBX 409.80 ($5.50). Tesco shares last traded at GBX 409.80 ($5.50), with a volume of 9,909,973 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reissued a "buy" rating on shares of Tesco in a research note on Thursday, April 10th.

Get Our Latest Stock Report on TSCO

Tesco Stock Down 0.0%

The business's fifty day moving average is GBX 391.02 and its two-hundred day moving average is GBX 370.10. The stock has a market cap of £27.20 billion, a price-to-earnings ratio of 21.33, a PEG ratio of 1.43 and a beta of 0.51. 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 Company Profile

(Get Free Report)

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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