Tesco (LON:TSCO) Stock Crosses Above 200-Day Moving Average of $317.76

Shares of Tesco PLC (LON:TSCO) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 317.76 ($4.25) and traded as high as GBX 362.60 ($4.85). Tesco shares last traded at GBX 359.50 ($4.81), with a volume of 10,640,427 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts have commented on TSCO shares. Shore Capital reaffirmed a “buy” rating on shares of Tesco in a research report on Tuesday, September 3rd. JPMorgan Chase & Co. restated an “underweight” rating on shares of Tesco in a report on Friday, June 28th.

Tesco Stock Up 0.2 %

The firm’s fifty day simple moving average is GBX 347.28 and its 200 day simple moving average is GBX 317.76. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 127.23. The company has a market cap of £24.37 billion, a price-to-earnings ratio of 1,438.00, a PEG ratio of 0.06 and a beta of 0.51.

Tesco Company Profile

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.