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

Tesco PLC (LON:TSCO) insider Ken Murphy acquired 37 shares of Tesco stock in a transaction dated Friday, March 14th. The stock was purchased at an average cost of GBX 371 ($4.81) per share, for a total transaction of £137.27 ($178.00).

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

• On Friday, February 14th, Ken Murphy acquired 35 shares of Tesco stock. The stock was purchased at an average cost of GBX 395 ($5.12) per share, for a total transaction of £138.25 ($179.27).
• On Friday, January 17th, Ken Murphy acquired 38 shares of Tesco stock. The stock was purchased at an average cost of GBX 364 ($4.72) per share, for a total transaction of £138.32 ($179.36).

Tesco Price Performance

TSCO stock opened at GBX 324 ($4.20) on Friday. The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 126.35. Tesco PLC has a 52-week low of GBX 277.50 ($3.60) and a 52-week high of GBX 398.10 ($5.16). The stock’s 50 day moving average is GBX 366.70 and its two-hundred day moving average is GBX 362.60. The company has a market capitalization of £21.62 billion, a PE ratio of 16.96, a P/E/G ratio of 1.43 and a beta of 0.51.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. JPMorgan Chase & Co. reduced their price target on Tesco from GBX 410 ($5.32) to GBX 400 ($5.19) and set an “overweight” rating on the stock in a research report on Monday, January 13th. Shore Capital reissued a “buy” rating on shares of Tesco in a research report on Tuesday, December 10th.

Tesco Company Profile

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.