Tesco PLC (OTCMKTS:TSCDY – Get Free Report) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 79,800 shares, an increase of 50.3% from the January 31st total of 53,100 shares. Based on an average daily volume of 397,400 shares, the days-to-cover ratio is presently 0.2 days.
Tesco Stock Up 0.3 %
Shares of TSCDY opened at $14.53 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 0.48. Tesco has a 1 year low of $10.54 and a 1 year high of $15.09. The business’s 50 day simple moving average is $14.08 and its 200-day simple moving average is $14.04.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada assumed coverage on Tesco in a research report on Tuesday, November 19th. They set a “sector perform” rating for the company.
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.
Read More
- Five stocks we like better than Tesco
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- Overbought Stocks Explained: Should You Trade Them?
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- About the Markup Calculator
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Receive News & Ratings for Tesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesco and related companies with MarketBeat.com's FREE daily email newsletter.
