Tern (LON:TERN) Issues Quarterly Earnings Results

Tern (LON:TERN) issued its quarterly earnings results on Tuesday. The company reported GBX (0.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tern had a negative net margin of 9,424.35% and a negative return on equity of 59.29%.

Tern Stock Performance

Shares of LON:TERN traded down GBX 0.10 during trading on Tuesday, reaching GBX 0.75. The company had a trading volume of 7,294,782 shares, compared to its average volume of 2,979,706. Tern has a fifty-two week low of GBX 0.30 and a fifty-two week high of GBX 1.70. The company has a debt-to-equity ratio of 2.64, a current ratio of 0.68 and a quick ratio of 0.75. The stock’s fifty day moving average price is GBX 1.18 and its 200 day moving average price is GBX 1.01. The firm has a market capitalization of £7.17 million, a price-to-earnings ratio of -0.93 and a beta of 0.83.

Tern Company Profile

Tern backs companies with proven technology, based in the UK but with global ambition.

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.