Tesco PLC (LON:TSCO - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 365.15 ($4.90) and traded as high as GBX 396.20 ($5.32). Tesco shares last traded at GBX 396.20 ($5.32), with a volume of 11,859,835 shares traded.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "buy" rating on shares of Tesco in a research report on Thursday, April 10th.
Check Out Our Latest Stock Report on Tesco
Tesco Stock Up 0.5%
The company has a debt-to-equity ratio of 126.35, a current ratio of 0.81 and a quick ratio of 0.60. The company's 50-day simple moving average is GBX 371.13 and its 200 day simple moving average is GBX 365.15. The firm has a market cap of £26.44 billion, a P/E ratio of 20.73, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.
Tesco (LON:TSCO - Get Free Report) last released its earnings results 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%. Research analysts anticipate that Tesco PLC will post 27.374848 EPS for the current fiscal year.
Insider Activity
In related news, insider Ken Murphy acquired 40,000 shares of Tesco stock in a transaction on Friday, April 11th. The stock was bought at an average cost of GBX 326 ($4.38) per share, for a total transaction of £130,400 ($175,057.05). 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.
See Also
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