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Tesco (OTCMKTS:TSCDY) Reaches New 12-Month High - Should You Buy?

Tesco logo with Retail/Wholesale background

Shares of Tesco PLC (OTCMKTS:TSCDY - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $16.12 and last traded at $16.12, with a volume of 304286 shares traded. The stock had previously closed at $15.90.

Tesco Stock Up 0.1%

The company has a debt-to-equity ratio of 0.48, a current ratio of 0.81 and a quick ratio of 0.67. The company has a 50-day moving average of $14.56 and a 200 day moving average of $14.15.

Tesco Increases Dividend

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

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.

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