Tesco PLC (LON:TSCO) Insider Ken Murphy Buys 38 Shares

Tesco PLC (LON:TSCO) insider Ken Murphy purchased 38 shares of the stock in a transaction dated Friday, January 17th. The stock was acquired at an average cost of GBX 364 ($4.43) per share, for a total transaction of £138.32 ($168.23).

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

• On Friday, October 25th, Ken Murphy purchased 39 shares of Tesco stock. The stock was acquired at an average cost of GBX 355 ($4.32) per share, for a total transaction of £138.45 ($168.39).

Tesco Price Performance

Tesco stock traded down GBX 0.88 ($0.01) during midday trading on Monday, reaching GBX 364 ($4.43). 16,616,734 shares of the stock were exchanged, compared to its average volume of 15,030,193. The company’s fifty day moving average is GBX 362.16 and its 200-day moving average is GBX 350.13. The company has a debt-to-equity ratio of 126.42, a quick ratio of 0.60 and a current ratio of 0.81. The firm has a market cap of £24.79 billion, a PE ratio of 1,348.15, a PEG ratio of 1.43 and a beta of 0.51. Tesco PLC has a 52 week low of GBX 272.30 ($3.31) and a 52 week high of GBX 375.70 ($4.57).

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Shore Capital reissued a “buy” rating on shares of Tesco in a research report on Tuesday, December 10th. JPMorgan Chase & Co. lowered their price target on shares of Tesco from GBX 410 ($4.99) to GBX 400 ($4.86) and set an “overweight” rating on the stock in a research report on Monday, January 13th.

About Tesco

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.