Tesco PLC (LON:TSCO - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 365.15 ($4.91) and traded as high as GBX 396.20 ($5.33). Tesco shares last traded at GBX 396.20 ($5.33), with a volume of 11,859,835 shares trading hands.
Analysts Set New Price Targets
Separately, Shore Capital restated a "buy" rating on shares of Tesco in a research report on Thursday, April 10th.
Read Our Latest Analysis on Tesco
Tesco Stock Down 0.0%
The business has a 50-day simple moving average of GBX 375.77 and a two-hundred day simple moving average of GBX 365.86. The stock has a market capitalization of £26.83 billion, a P/E ratio of 21.04, 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 (LON:TSCO - Get Free Report) last announced its quarterly 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%. Equities research analysts forecast that Tesco PLC will post 27.374848 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Tesco news, insider Ken Murphy acquired 40,000 shares of Tesco stock in a transaction on Friday, April 11th. The shares were bought at an average price of GBX 326 ($4.38) per share, with a total value of £130,400 ($175,363.10). Insiders own 2.51% of the company's stock.
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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