Tesco Corporation (Nasdaq:TESO) hit a new 52-week high Monday as it changed hands at $18.25 compared with its previous 52-week high of $18.04. Tesco is currently trading at $17.90 with 37,043 shares changing hands as of 9:37 a.m..
NEW YORK ( TheStreet) -- Tesco Corporation (Nasdaq: TESO) hit a new 52-week high Monday as it traded at $18.25 compared with its previous 52-Week high of $18.04. Tesco is changing hands at $17.90 with 37,043 shares traded as of 9:37 a.m. ET. Average volume has been 130,800 shares over the past 30 days. Tesco has a market cap of $620.2 million and is part of the basic materials sector and energy industry. Shares are up 12% year to date as of the close of trading on Friday. Tesco Corporation engages in the design, manufacture, and service delivery of technology based solutions for the upstream energy industry worldwide. It operates in three segments: Top Drive Drilling Systems, Tubular Services, and CASING DRILLING. TheStreet Ratings rates Tesco as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins. You can view the full Tesco Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.