Tesco (OTCMKTS:TSCDD) Sets New 52-Week High – Still a Buy?

Tesco PLC (OTCMKTS:TSCDDGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $13.43 and last traded at $13.18, with a volume of 174663 shares trading hands. The stock had previously closed at $13.41.

Tesco Stock Down 1.7 %

The company has a fifty day moving average of $14.13 and a 200 day moving average of $12.95.

Tesco Company Profile

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Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company operates through convenience and hypermarket store formats, as well as engages in the wholesale business. It also provides retail banking and insurance services. The company operates in the United Kingdom, the Republic of Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, and Thailand.

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