Tesco (LON:TSCO) Stock Price Down 8.7% – Time to Sell?

Posted by Defense World Staff on Mar 17th, 2025

Tesco PLC (LON:TSCO – Get Free Report)’s share price fell 8.7% during trading on Saturday . The stock traded as low as GBX 337.87 ($4.37) and last traded at GBX 339.20 ($4.38). 32,628,854 shares changed hands during mid-day trading, an increase of 86% from the average session volume of 17,553,332 shares. The stock had previously closed at GBX 371.50 ($4.80).

Analysts Set New Price Targets

Several research firms have recently commented on TSCO. Shore Capital reaffirmed a “buy” rating on shares of Tesco in a research report on Tuesday, December 10th. JPMorgan Chase & Co. decreased their target price on Tesco from GBX 410 ($5.30) to GBX 400 ($5.17) and set an “overweight” rating on the stock in a research report on Monday, January 13th.

Get Our Latest Analysis on TSCO

Tesco Stock Down 8.7 %

The company has a market capitalization of £22.64 billion, a P/E ratio of 17.75, a PEG ratio of 1.43 and a beta of 0.51. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 126.35. The stock has a 50 day moving average price of GBX 370.38 and a 200 day moving average price of GBX 363.50.

Insider Activity at Tesco

In other Tesco news, insider Gerard Murphy purchased 40,000 shares of the firm’s stock in a transaction on Wednesday, January 29th. The stock was purchased at an average cost of GBX 371 ($4.80) per share, for a total transaction of £148,400 ($191,830.40). Insiders purchased 40,073 shares of company stock worth $14,867,657 over the last three months. Company insiders own 2.51% of the company’s stock.

Tesco Company Profile

(Get Free Report)

Tesco was built to be a champion for customers, serving them every day with affordable, healthy and sustainable food. Our commitment to our customers extends beyond our stores, and into every community we serve – in the UK, Republic of Ireland, Slovakia, the Czech Republic and Hungary. We invest in communities to help them thrive, through supporting schools and children’s groups, food banks and other good causes.

In challenging times, our purpose has guided every part of the Group.