Tesco PLC (LON:TSCO – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 347.37 ($4.24) and traded as high as GBX 368.90 ($4.50). Tesco shares last traded at GBX 368 ($4.49), with a volume of 22,925,766 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a “buy” rating on shares of Tesco in a research report on Tuesday, December 10th.
View Our Latest Report on Tesco
Tesco Stock Down 2.3 %
Insider Activity
In other Tesco news, insider Bertrand Bodson purchased 734 shares of the stock in a transaction on Friday, November 22nd. The stock was bought at an average cost of GBX 355 ($4.33) per share, for a total transaction of £2,605.70 ($3,181.56). 2.51% of the stock is currently owned by company insiders.
Tesco Company Profile
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.
See Also
- Five stocks we like better than Tesco
- How to Calculate Options Profits
- 3 Defense Stocks Gaining From Budget and Interest Rate Pressures
- There Are Different Types of Stock To Invest In
- 3 Natural Gas Stocks Set to Thrive in This Winter’s Freeze
- Bank Stocks – Best Bank Stocks to Invest In
- Bullish on Athleisure? Here’s Why Lululemon Stock Shines
Receive News & Ratings for Tesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesco and related companies with MarketBeat.com's FREE daily email newsletter.