Ken Murphy Purchases 37 Shares of Tesco PLC (LON:TSCO) Stock

Tesco PLC (LON:TSCO) insider Ken Murphy acquired 37 shares of Tesco stock in a transaction on Friday, March 14th. The shares were bought at an average cost of GBX 371 ($4.83) per share, for a total transaction of £137.27 ($178.57).

Ken Murphy also recently made the following trade(s):

• On Friday, February 14th, Ken Murphy acquired 35 shares of Tesco stock. The stock was bought at an average cost of GBX 395 ($5.14) per share, with a total value of £138.25 ($179.85).
• On Friday, January 17th, Ken Murphy bought 38 shares of Tesco stock. The shares were bought at an average cost of GBX 364 ($4.74) per share, for a total transaction of £138.32 ($179.94).

Tesco Price Performance

TSCO opened at GBX 321.32 ($4.18) on Thursday. The business has a fifty day moving average of GBX 367.58 and a 200 day moving average of GBX 362.77. The stock has a market cap of £21.44 billion, a P/E ratio of 16.82, a PEG ratio of 1.43 and a beta of 0.51. The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 126.35. Tesco PLC has a 52-week low of GBX 277.50 ($3.61) and a 52-week high of GBX 398.10 ($5.18).

Analyst Upgrades and Downgrades

Several research firms have commented on TSCO. JPMorgan Chase & Co. dropped their price objective on shares of Tesco from GBX 410 ($5.33) to GBX 400 ($5.20) and set an “overweight” rating for the company in a research note on Monday, January 13th. Shore Capital reaffirmed a “buy” rating on shares of Tesco in a research note on Tuesday, December 10th.

Tesco Company Profile

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.