Tern Plc (LON:TERN – Get Free Report)’s stock price traded up 3.2% on Thursday . The company traded as high as GBX 1.60 ($0.02) and last traded at GBX 1.60 ($0.02). 387,629 shares traded hands during trading, a decline of 84% from the average session volume of 2,358,685 shares. The stock had previously closed at GBX 1.55 ($0.02).
Tern Stock Performance
The company has a 50-day moving average price of GBX 1.53 and a two-hundred day moving average price of GBX 1.79. The stock has a market capitalization of £6.76 million, a P/E ratio of -50.70 and a beta of 0.89. The company has a quick ratio of 0.75, a current ratio of 0.33 and a debt-to-equity ratio of 1.89.
Insiders Place Their Bets
In other Tern news, insider Iain Ross purchased 1,100,000 shares of the company’s stock in a transaction on Thursday, October 31st. The stock was acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £11,000 ($13,883.63). Company 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.
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