Tesco PLC (OTCMKTS:TSCDY – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $11.82 and last traded at $11.72, with a volume of 46228 shares traded. The stock had previously closed at $11.62.
Tesco Price Performance
The firm’s 50 day moving average is $11.11 and its 200 day moving average is $10.89. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 0.81.
Tesco Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Friday, May 17th will be paid a $0.3061 dividend. The ex-dividend date is Thursday, May 16th. This is a positive change from Tesco’s previous dividend of $0.14.
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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