Tesco (OTCMKTS:TSCDD) Sets New 52-Week High – Time to Buy?

Tesco PLC (OTCMKTS:TSCDDGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as $14.28 and last traded at $14.27, with a volume of 267100 shares trading hands. The stock had previously closed at $14.19.

Tesco Stock Performance

The stock has a 50 day simple moving average of $13.69 and a two-hundred day simple moving average of $13.24.

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.

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