Tesco PLC (LON:TSCO - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 359.32 ($4.80) and traded as high as GBX 370.20 ($4.94). Tesco shares last traded at GBX 368.24 ($4.92), with a volume of 17,580,420 shares traded.
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a "buy" rating on shares of Tesco in a report on Thursday, April 10th.
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Tesco Price Performance
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's fifty day moving average price is GBX 348.29 and its 200 day moving average price is GBX 359.78. The firm has a market capitalization of £25.24 billion, a price-to-earnings ratio of 19.79, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.
Tesco (LON:TSCO - Get Free Report) last posted its earnings results on Thursday, April 10th. The retailer reported GBX 27.71 ($0.37) EPS for the quarter. Tesco had a return on equity of 11.33% and a net margin of 1.92%. Equities research analysts expect that Tesco PLC will post 27.374848 earnings per share for the current year.
Insider Buying and Selling
In other Tesco news, insider Ken Murphy purchased 40,000 shares of the stock in a transaction dated Friday, April 11th. The shares were bought at an average cost of GBX 326 ($4.35) per share, with a total value of £130,400 ($174,168.56). Corporate insiders own 2.51% of the company's stock.
Tesco Company Profile
(
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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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