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

Tesco PLC (LON:TSCO) insider Ken Murphy purchased 37 shares of the firm’s stock in a transaction dated Friday, March 14th. The shares were bought at an average cost of GBX 371 ($4.83) per share, with a total value of £137.27 ($178.57).

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

• On Friday, February 14th, Ken Murphy bought 35 shares of Tesco stock. The shares were purchased 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 purchased 38 shares of Tesco stock. The shares were purchased at an average cost of GBX 364 ($4.74) per share, for a total transaction of £138.32 ($179.94).

Tesco Stock Down 1.5 %

Shares of TSCO stock opened at GBX 321.32 ($4.18) on Thursday. The stock’s fifty day moving average price is GBX 367.58 and its 200 day moving average price is GBX 362.77. The company has a debt-to-equity ratio of 126.35, a current ratio of 0.81 and a quick ratio of 0.60. Tesco PLC has a 1-year low of GBX 277.50 ($3.61) and a 1-year high of GBX 398.10 ($5.18). The company has a market cap of £21.44 billion, a price-to-earnings ratio of 16.82, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.

Wall Street Analyst Weigh In

Several brokerages have recently commented on TSCO. Shore Capital restated a “buy” rating on shares of Tesco in a research note on Tuesday, December 10th. JPMorgan Chase & Co. reduced their price target on shares of Tesco from GBX 410 ($5.33) to GBX 400 ($5.20) and set an “overweight” rating for the company in a 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.