Shares of Tesco PLC (OTCMKTS:TSCDY – Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $11.73 and traded as low as $11.51. Tesco shares last traded at $11.86, with a volume of 316,903 shares traded.
Tesco Price Performance
The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 0.81. The company has a 50 day moving average price of $11.77 and a two-hundred day moving average price of $11.30.
Tesco Increases Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Friday, May 17th will be paid a dividend of $0.3061 per share. This is an increase from Tesco’s previous dividend of $0.14. The ex-dividend date is Thursday, May 16th.
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.
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