Tesco (LON:TSCO) Shares Down 8.7% – Should You Sell?

Posted by Don Miller on Mar 15th, 2025

Tesco PLC (LON:TSCO – Get Free Report)’s stock price dropped 8.7% during trading on Saturday . The stock traded as low as GBX 337.87 ($4.37) and last traded at GBX 339.20 ($4.39). Approximately 32,628,854 shares changed hands during mid-day trading, an increase of 86% from the average daily volume of 17,553,332 shares. The stock had previously closed at GBX 371.50 ($4.81).

Analyst Ratings Changes

TSCO has been the subject of several research reports. JPMorgan Chase & Co. dropped their price target on shares of Tesco from GBX 410 ($5.30) to GBX 400 ($5.17) and set an “overweight” rating for the company in a research note on Monday, January 13th. Shore Capital restated a “buy” rating on shares of Tesco in a research note on Tuesday, December 10th.

Check Out Our Latest Report on TSCO

Tesco Trading Down 8.7 %

The company has a debt-to-equity ratio of 126.35, a current ratio of 0.81 and a quick ratio of 0.60. The business’s 50 day moving average is GBX 370.38 and its 200 day moving average is GBX 363.22. The stock has a market cap of £22.64 billion, a price-to-earnings ratio of 17.75, a P/E/G ratio of 1.43 and a beta of 0.51.

Insider Buying and Selling

In related news, insider Gerard Murphy purchased 40,000 shares of Tesco stock in a transaction that occurred on Wednesday, January 29th. The stock was purchased at an average cost of GBX 371 ($4.80) per share, with a total value of £148,400 ($191,954.47). Over the last quarter, insiders bought 40,073 shares of company stock worth $14,867,657. Corporate insiders own 2.51% of the company’s stock.

About Tesco

(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.