Tesco (OTCMKTS:TSCDD) Sets New 1-Year High – Still a Buy?

Tesco PLC (OTCMKTS:TSCDDGet Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $13.29 and last traded at $13.28, with a volume of 265744 shares traded. The stock had previously closed at $13.55.

Tesco Price Performance

The business has a 50-day simple moving average of $14.26 and a 200 day simple moving average of $12.82.

About Tesco

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Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company operates through convenience and hypermarket store formats, as well as engages in the wholesale business. It also provides retail banking and insurance services. The company operates in the United Kingdom, the Republic of Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, and Thailand.

Further Reading

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