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Tesco (OTCMKTS:TSCDD) Trading Up 1.4% - Still a Buy?

Tesco logo with Consumer Defensive background

Tesco PLC (OTCMKTS:TSCDD - Get Free Report) shot up 1.4% during mid-day trading on Monday . The stock traded as high as $15.99 and last traded at $15.90. 192,950 shares changed hands during trading, a decline of 27% from the average session volume of 264,678 shares. The stock had previously closed at $15.68.

Tesco Stock Performance

The company has a 50-day simple moving average of $14.40 and a 200-day simple moving average of $14.10.

Tesco Company Profile

(Get Free Report)

Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company operates through convenience and hypermarket store formats, as well as engages in the wholesale business. It also provides retail banking and insurance services. The company operates in the United Kingdom, the Republic of Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, and Thailand.

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