Tesco (OTCMKTS:TSCDY) Reaches New 12-Month High at $14.83

Tesco PLC (OTCMKTS:TSCDY) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $14.83 and last traded at $14.83, with a volume of 1600839 shares traded. The stock had previously closed at $14.48.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Sanford C. Bernstein raised shares of Tesco to a “strong-buy” rating in a research report on Tuesday, August 13th. Citigroup raised shares of Tesco to a “strong-buy” rating in a research report on Friday, September 13th.

Tesco Stock Performance

The stock’s 50 day moving average is $13.48 and its two-hundred day moving average is $12.18. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 0.81.

About Tesco

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.