Tesco PLC (LON:TSCO - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 361.67 ($4.87) and traded as high as GBX 391.20 ($5.27). Tesco shares last traded at GBX 389.10 ($5.24), with a volume of 28,406,088 shares traded.
Analyst Ratings Changes
Separately, Shore Capital reiterated a "buy" rating on shares of Tesco in a research report on Thursday, April 10th.
Read Our Latest Analysis on TSCO
Tesco Stock 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 stock's 50-day moving average is GBX 357.43 and its 200 day moving average is GBX 361.96. The firm has a market cap of £26.07 billion, a P/E ratio of 20.44, a PEG ratio of 1.43 and a beta of 0.51.
Tesco (LON:TSCO - Get Free Report) last announced its earnings results on Thursday, April 10th. The retailer reported GBX 27.71 ($0.37) earnings per share for the quarter. Tesco had a net margin of 1.92% and a return on equity of 11.33%. On average, research analysts predict that Tesco PLC will post 27.374848 earnings per share for the current year.
Insider Transactions at Tesco
In other news, insider Ken Murphy bought 40,000 shares of the business's stock in a transaction that occurred on Friday, April 11th. The stock was acquired at an average cost of GBX 326 ($4.39) per share, for a total transaction of £130,400 ($175,504.71). Company insiders own 2.51% of the company's stock.
About Tesco
(
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.
Further Reading
Before you consider Tesco, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tesco wasn't on the list.
While Tesco currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
