Tesco (LON:TSCO) Stock Price Down 8.7% – Here’s What Happened

Posted by Tech Dows on Mar 15th, 2025

Tesco PLC (LON:TSCO – Get Free Report) shares fell 8.7% during trading on Saturday . The stock traded as low as GBX 337.87 ($4.37) and last traded at GBX 339.20 ($4.39). 32,628,854 shares changed hands during trading, an increase of 86% from the average session volume of 17,553,332 shares. The stock had previously closed at GBX 371.50 ($4.81).

Analyst Upgrades and Downgrades

Several research firms have recently commented on TSCO. Shore Capital restated a “buy” rating on shares of Tesco in a research report on Tuesday, December 10th. JPMorgan Chase & Co. lowered their price target on Tesco from GBX 410 ($5.30) to GBX 400 ($5.17) and set an “overweight” rating for the company in a research report on Monday, January 13th.

Get Our Latest Research Report on Tesco

Tesco Stock Performance

The stock has a market capitalization of £22.64 billion, a PE ratio of 17.75, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. The stock has a fifty day moving average of GBX 370.38 and a 200-day moving average of GBX 363.22. The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 126.35.

Insider Activity at Tesco

In other Tesco news, insider Gerard Murphy purchased 40,000 shares of the firm’s stock in a transaction on Wednesday, January 29th. The stock was bought at an average cost of GBX 371 ($4.80) per share, with a total value of £148,400 ($191,954.47). Over the last three months, insiders purchased 40,073 shares of company stock worth $14,867,657. Company insiders own 2.51% of the company’s stock.

About Tesco

(Get Free Report)

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.