Tern Plc (LON:TERN – Get Free Report)’s share price shot up 11.1% on Wednesday . The company traded as high as GBX 2 ($0.03) and last traded at GBX 2 ($0.03). 2,162,236 shares were traded during trading, a decline of 11% from the average session volume of 2,417,097 shares. The stock had previously closed at GBX 1.80 ($0.02).
Tern Stock Up 1.9 %
The firm has a market cap of £8.15 million, a P/E ratio of -61.63 and a beta of 0.89. The business’s fifty day moving average price is GBX 1.40 and its two-hundred day moving average price is GBX 2. The company has a current ratio of 0.33, a quick ratio of 0.75 and a debt-to-equity ratio of 1.89.
Insider Transactions at Tern
In related news, insider Iain Ross bought 1,100,000 shares of Tern stock in a transaction dated Thursday, October 31st. The shares were bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £11,000 ($13,848.67). Insiders own 7.02% of the company’s stock.
About Tern
Tern Plc is a venture capital firm specializing in early-stage and growth capital investment. The firm typically invests in the software companies having IoT security, Artificial Intelligence (“AI”), Machine Learning (“ML”), Virtual/Augmented Reality (“VR/AR”) and Data Science, enablement and analytics solutions for the healthcare and industrial sectors.
Read More
- Five stocks we like better than Tern
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Why Palo Alto Networks’ Multi-Year Uptrend Is Far From Over
- Low PE Growth Stocks: Unlocking Investment Opportunities
- 3 Rock-Solid Buying Opportunities in the Market Right Now
- NYSE Stocks Give Investors a Variety of Quality Options
- TJX Companies Stock Poised to Hit a New High This Year
Receive News & Ratings for Tern Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tern and related companies with MarketBeat.com's FREE daily email newsletter.