Tern Plc (LON:TERN – Get Free Report)’s stock price traded up 19.1% on Wednesday . The company traded as high as GBX 1.31 and last traded at GBX 1.31. 1,564,604 shares changed hands during trading, a decline of 48% from the average session volume of 2,980,792 shares. The stock had previously closed at GBX 1.10.
Tern Stock Up 19.1%
The company has a current ratio of 0.44, a quick ratio of 0.75 and a debt-to-equity ratio of 1.65. The company has a market capitalization of £11.21 million, a P/E ratio of -3.58 and a beta of 0.83. The firm’s 50 day moving average price is GBX 0.84 and its two-hundred day moving average price is GBX 0.64.
Tern Company Profile
Our management team has a strong track record of unlocking opportunities in the USA for UK companies.
We look for well-motivated teams who are building innovative high growth businesses, with revenue and IP, and which are harnessing software to create or disrupt markets.
We predominantly support software companies which develop commercial IoT security, enablement and analytics solutions for the healthcare and industrial sectors, where safety and regulatory compliance are important market requirements.
Unlike many of our peers, we select to work with only a handful of companies in a given period.
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