Tesco (OTCMKTS:TSCDY) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of Tesco PLC (OTCMKTS:TSCDYGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $14.08 and traded as low as $12.57. Tesco shares last traded at $12.63, with a volume of 334,821 shares changing hands.

Tesco Price Performance

The business’s fifty day simple moving average is $14.08 and its 200 day simple moving average is $14.04. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 0.48.

About Tesco

(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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