Tesco (LON:TSCO) Hits New 1-Year High at $370.30

Shares of Tesco PLC (LON:TSCO) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 370.30 ($4.89) and last traded at GBX 370.30 ($4.89), with a volume of 32445445 shares changing hands. The stock had previously closed at GBX 364.50 ($4.82).

Wall Street Analyst Weigh In

TSCO has been the subject of several recent analyst reports. Shore Capital reiterated a “buy” rating on shares of Tesco in a research note on Tuesday, September 3rd. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Tesco in a research report on Friday, June 28th.

Tesco Price Performance

The company has a market capitalization of £25.08 billion, a P/E ratio of 1,476.80, a price-to-earnings-growth ratio of 0.06 and a beta of 0.51. The company has a debt-to-equity ratio of 127.23, a current ratio of 0.81 and a quick ratio of 0.60. The company’s 50-day moving average price is GBX 339.02 and its two-hundred day moving average price is GBX 313.02.

About Tesco

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.