Tesco (OTCMKTS:TSCDY) Reaches New 12-Month High – Still a Buy?

Tesco PLC (OTCMKTS:TSCDY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $15.16 and last traded at $15.08, with a volume of 92386 shares changing hands. The stock had previously closed at $14.53.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada assumed coverage on shares of Tesco in a research report on Tuesday, November 19th. They set a “sector perform” rating for the company.

Tesco Trading Up 3.8 %

The business’s fifty day simple moving average is $14.08 and its 200-day simple moving average is $14.04. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 0.48.

Tesco Company Profile

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.