Insider Buying: Tesco PLC (LON:TSCO) Insider Purchases 39 Shares of Stock

Market Beat
2024.09.02 13:37
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Tesco PLC insider Ken Murphy purchased 39 shares at GBX 353 each, totaling £137.67, on August 30th. The stock opened at GBX 355.70 on Monday, with a 52-week low of GBX 254.10 and a high of GBX 356.90. The company has a market cap of £24.15 billion and a debt-to-equity ratio of 127.23. Analysts from JPMorgan Chase have an "underweight" rating on Tesco shares.

Tesco PLC (LON:TSCO - Get Free Report) insider Ken Murphy bought 39 shares of the company's stock in a transaction that occurred on Friday, August 30th. The shares were bought at an average price of GBX 353 ($4.66) per share, with a total value of £137.67 ($181.55).

Tesco Stock Performance

  • How to invest in the top grocery stocks

Shares of LON:TSCO opened at GBX 355.70 ($4.69) on Monday. Tesco PLC has a 52 week low of GBX 254.10 ($3.35) and a 52 week high of GBX 356.90 ($4.71). The stock has a market capitalization of £24.15 billion, a P/E ratio of 1,424.00, a PEG ratio of 0.06 and a beta of 0.52. The firm has a fifty day simple moving average of GBX 326.24 and a two-hundred day simple moving average of GBX 306.38. The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 127.23.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated an "underweight" rating on shares of Tesco in a research note on Friday, June 28th.

Check Out Our Latest Report on TSCO

Tesco Company Profile

(Get Free Report)

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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