Tesco PLC (LON:TSCO) Insider Purchases £148,400 in Stock

Tesco PLC (LON:TSCO) insider Gerard Murphy bought 40,000 shares of the stock in a transaction dated Wednesday, January 29th. The stock was purchased at an average cost of GBX 371 ($4.62) per share, for a total transaction of £148,400 ($184,646.01).

Tesco Stock Down 0.5 %

Shares of TSCO traded down GBX 1.80 ($0.02) during trading hours on Wednesday, reaching GBX 368.80 ($4.59). 14,421,190 shares of the stock traded hands, compared to its average volume of 16,211,076. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 126.42. The company has a market cap of £25.12 billion, a price-to-earnings ratio of 1,365.93, a PEG ratio of 1.43 and a beta of 0.51. The stock has a fifty day simple moving average of GBX 365.28 and a 200 day simple moving average of GBX 352.73. Tesco PLC has a 52 week low of GBX 272.30 ($3.39) and a 52 week high of GBX 375.70 ($4.67).

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on TSCO shares. Shore Capital reaffirmed a “buy” rating on shares of Tesco in a research note on Tuesday, December 10th. JPMorgan Chase & Co. lowered their target price on Tesco from GBX 410 ($5.10) to GBX 400 ($4.98) and set an “overweight” rating for the company in a report on Monday, January 13th.

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.