Bertrand Bodson Acquires 734 Shares of Tesco PLC (LON:TSCO) Stock

Tesco PLC (LON:TSCO) insider Bertrand Bodson acquired 734 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was purchased at an average cost of GBX 355 ($4.51) per share, with a total value of £2,605.70 ($3,307.57).

Tesco Price Performance

Tesco stock opened at GBX 366.20 ($4.65) on Friday. The stock has a market capitalization of £24.94 billion, a P/E ratio of 1,356.30, a P/E/G ratio of 1.43 and a beta of 0.51. The company’s fifty day moving average price is GBX 354.86 and its 200 day moving average price is GBX 335.38. The company has a debt-to-equity ratio of 126.42, a quick ratio of 0.60 and a current ratio of 0.81. Tesco PLC has a 1 year low of GBX 272.30 ($3.46) and a 1 year high of GBX 373.90 ($4.75).

Tesco Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, October 10th were given a GBX 4.25 ($0.05) dividend. The ex-dividend date was Thursday, October 10th. This represents a dividend yield of 1.2%. Tesco’s dividend payout ratio (DPR) is 4,814.81%.

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of Tesco in a research note on Tuesday, September 3rd.

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.