Tesco PLC (LON:TSCO) Insider Ken Murphy Acquires 38 Shares

Tesco PLC (LON:TSCO) insider Ken Murphy purchased 38 shares of the firm’s stock in a transaction dated Friday, January 17th. The stock was bought at an average cost of GBX 364 ($4.43) per share, for a total transaction of £138.32 ($168.23).

Ken Murphy also recently made the following trade(s):

• On Friday, October 25th, Ken Murphy purchased 39 shares of Tesco stock. The stock was bought at an average cost of GBX 355 ($4.32) per share, for a total transaction of £138.45 ($168.39).

Tesco Trading Down 0.2 %

Shares of Tesco stock traded down GBX 0.88 ($0.01) during trading on Monday, reaching GBX 364 ($4.43). The company’s stock had a trading volume of 16,616,734 shares, compared to its average volume of 15,030,193. Tesco PLC has a 52-week low of GBX 272.30 ($3.31) and a 52-week high of GBX 375.70 ($4.57). The company has a market cap of £24.79 billion, a price-to-earnings ratio of 1,348.15, a PEG ratio of 1.43 and a beta of 0.51. The firm’s 50-day moving average is GBX 362.16 and its two-hundred day moving average is GBX 350.13. The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 126.42.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Shore Capital reissued a “buy” rating on shares of Tesco in a report on Tuesday, December 10th. JPMorgan Chase & Co. cut their price objective on shares of Tesco from GBX 410 ($4.99) to GBX 400 ($4.86) and set an “overweight” rating for the company in a research note on Monday, January 13th.

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.