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

Tesco PLC (LON:TSCO) insider Gerard Murphy acquired 40,000 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The stock was bought at an average price 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 mid-day trading on Wednesday, reaching GBX 368.80 ($4.59). The company’s stock had a trading volume of 14,421,190 shares, compared to its average volume of 16,211,076. The stock has a market cap of £25.12 billion, a PE ratio of 1,365.93, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. The company has a debt-to-equity ratio of 126.42, a current ratio of 0.81 and a quick ratio of 0.60. Tesco PLC has a 12-month low of GBX 272.30 ($3.39) and a 12-month high of GBX 375.70 ($4.67). The company’s 50 day moving average is GBX 365.28 and its 200 day moving average is GBX 352.73.

Analyst Upgrades and Downgrades

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

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.