Tern Plc (LON:TERN) Insider Iain Ross Buys 1,100,000 Shares

Tern Plc (LON:TERN) insider Iain Ross acquired 1,100,000 shares of the stock in a transaction on Thursday, October 31st. The shares were purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £11,000 ($14,265.34).

Tern Trading Up 7.4 %

Shares of LON TERN opened at GBX 1.45 ($0.02) on Friday. Tern Plc has a 1 year low of GBX 0.90 ($0.01) and a 1 year high of GBX 5.50 ($0.07). The company has a debt-to-equity ratio of 1.89, a current ratio of 0.33 and a quick ratio of 0.75. The firm has a 50-day moving average of GBX 1.41 and a 200 day moving average of GBX 2.13. The stock has a market cap of £6.44 million, a P/E ratio of -47.00 and a beta of 0.89.

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.