Zacks Research upgraded shares of Tesco (OTCMKTS:TSCDY - Free Report) to a hold rating in a report released on Tuesday, August 12th,Zacks.com reports.
Separately, Morgan Stanley restated an "overweight" rating on shares of Tesco in a report on Tuesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Tesco has an average rating of "Moderate Buy".
Check Out Our Latest Stock Analysis on TSCDY
Tesco Trading Up 1.1%
Shares of OTCMKTS TSCDY traded up $0.19 during midday trading on Tuesday, hitting $17.41. 53,707 shares of the stock traded hands, compared to its average volume of 423,638. Tesco has a one year low of $12.16 and a one year high of $17.6799. The business has a 50 day moving average price of $16.76 and a two-hundred day moving average price of $15.24. The company has a current ratio of 0.64, a quick ratio of 0.44 and a debt-to-equity ratio of 0.44.
About Tesco
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Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.
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