Tesco PLC (OTCMKTS:TSCDY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $17.29 and last traded at $17.28, with a volume of 2252 shares trading hands. The stock had previously closed at $16.92.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley reissued an "overweight" rating on shares of Tesco in a research report on Tuesday, June 3rd. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Tesco presently has a consensus rating of "Buy".
View Our Latest Analysis on Tesco
Tesco Price Performance
The company has a current ratio of 0.64, a quick ratio of 0.44 and a debt-to-equity ratio of 0.44. The business has a 50-day simple moving average of $16.13 and a 200-day simple moving average of $14.73.
Tesco Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, July 7th. Investors of record on Monday, May 19th were paid a $0.3636 dividend. This is an increase from Tesco's previous dividend of $0.17. The ex-dividend date was Friday, May 16th. This represents a yield of 3.44%.
About Tesco
(
Get Free Report)
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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