Tesco PLC (LON:TSCO) Insider Ken Murphy Purchases 39 Shares

Tesco PLC (LON:TSCO) insider Ken Murphy purchased 39 shares of the company’s stock in a transaction on Friday, October 25th. The stock was acquired at an average price of GBX 355 ($4.60) per share, for a total transaction of £138.45 ($179.55).

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

• On Friday, August 30th, Ken Murphy acquired 39 shares of Tesco stock. The shares were bought at an average price of GBX 353 ($4.58) per share, for a total transaction of £137.67 ($178.54).

Tesco Price Performance

LON TSCO opened at GBX 347.40 ($4.51) on Thursday. The stock’s 50-day moving average price is GBX 357.94 and its two-hundred day moving average price is GBX 326.83. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 126.42. The company has a market cap of £23.66 billion, a PE ratio of 1,286.67, a PEG ratio of 1.43 and a beta of 0.51. Tesco PLC has a 1 year low of GBX 268.70 ($3.48) and a 1 year high of GBX 373.90 ($4.85).

Tesco Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, October 10th will be issued a dividend of GBX 4.25 ($0.06) per share. The ex-dividend date is Thursday, October 10th. This represents a yield of 1.2%. Tesco’s payout ratio is presently 4,814.81%.

Wall Street Analysts Forecast Growth

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

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.