Shares of Tern Plc (LON:TERN – Get Free Report) rose 14.3% on Thursday . The stock traded as high as GBX 1.70 ($0.02) and last traded at GBX 1.60 ($0.02). Approximately 663,664 shares were traded during trading, a decline of 63% from the average daily volume of 1,799,328 shares. The stock had previously closed at GBX 1.40 ($0.02).
Tern Trading Up 17.6 %
The company has a fifty day simple moving average of GBX 1.55 and a two-hundred day simple moving average of GBX 2.26. The company has a quick ratio of 0.75, a current ratio of 0.33 and a debt-to-equity ratio of 1.89. The stock has a market capitalization of £8.88 million, a P/E ratio of -65.83 and a beta of 0.89.
Tern Company Profile
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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