Tesco (OTCMKTS:TSCDY) Sets New 12-Month High – What’s Next?

Tesco PLC (OTCMKTS:TSCDY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $15.44 and last traded at $15.43, with a volume of 66102 shares changing hands. The stock had previously closed at $15.15.

Tesco Price Performance

The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 0.48. The business’s 50-day simple moving average is $13.89 and its two-hundred day simple moving average is $13.97.

Tesco Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, July 7th. Investors of record on Monday, May 19th will be issued a $0.3636 dividend. The ex-dividend date of this dividend is Friday, May 16th. This is an increase from Tesco’s previous dividend of $0.17. This represents a yield of 3.44%.

Tesco Company Profile

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.