Tesco (OTCMKTS:TSCDY) Shares Pass Below 50-Day Moving Average – Here’s Why

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 Stock Performance

The company has a 50-day moving average of $14.08 and a 200-day moving average of $14.04. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.81 and a quick ratio of 0.67.

Tesco Company Profile

(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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