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Tesco (OTCMKTS:TSCDY) Reaches New 52-Week High - Time to Buy?

Tesco logo with Retail/Wholesale background

Tesco PLC (OTCMKTS:TSCDY - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $15.86 and last traded at $15.83, with a volume of 212429 shares traded. The stock had previously closed at $15.57.

Tesco Trading Down 1.3%

The company has a 50 day moving average of $14.31 and a 200-day moving average of $14.07. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.67 and a current ratio of 0.81.

Tesco Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, July 7th. Investors of record on Monday, May 19th will be paid a dividend of $0.3636 per share. This is a positive change from Tesco's previous dividend of $0.17. The ex-dividend date of this dividend is Friday, May 16th. This represents a yield of 3.44%.

Tesco Company Profile

(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.

Further Reading

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