Tern Plc (LON:TERN – Get Free Report) rose 8.3% during trading on Wednesday . The company traded as high as GBX 1.95 ($0.03) and last traded at GBX 1.95 ($0.03). Approximately 134,178 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 1,756,625 shares. The stock had previously closed at GBX 1.80 ($0.02).
Tern Price Performance
The business has a 50-day simple moving average of GBX 2 and a 200 day simple moving average of GBX 2.39. The stock has a market cap of £7.95 million, a P/E ratio of -65.83 and a beta of 0.91. The company has a current ratio of 0.44, a quick ratio of 0.75 and a debt-to-equity ratio of 3.40.
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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