Tesco (OTCMKTS:TSCDY) Stock Price Passes Above 50-Day Moving Average of $11.46

Tesco PLC (OTCMKTS:TSCDYGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $11.46 and traded as high as $11.93. Tesco shares last traded at $11.80, with a volume of 2,695,630 shares changing hands.

Tesco Price Performance

The business’s 50-day simple moving average is $11.46 and its two-hundred day simple moving average is $11.17. The company has a current ratio of 0.81, a quick ratio of 0.68 and a debt-to-equity ratio of 0.49.

Tesco Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, July 9th. Investors of record on Friday, May 17th will be paid a $0.3061 dividend. This is a positive change from Tesco’s previous dividend of $0.14. The ex-dividend date of this dividend is Thursday, May 16th.

Tesco Company Profile

(Get Free Report)

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.

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