Tesco (LON:TSCO) Reaches New 12-Month High at $369.70

Tesco PLC (LON:TSCO)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 369.70 ($4.83) and last traded at GBX 367.09 ($4.80), with a volume of 95025313 shares changing hands. The stock had previously closed at GBX 365 ($4.77).

Analyst Upgrades and Downgrades

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

Tesco Price Performance

The business has a fifty day moving average of GBX 332.96 and a two-hundred day moving average of GBX 309.87. The firm has a market capitalization of £24.88 billion, a price-to-earnings ratio of 1,465.45, a price-to-earnings-growth ratio of 0.06 and a beta of 0.51. The company has a debt-to-equity ratio of 127.23, a quick ratio of 0.60 and a current ratio of 0.81.

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.