Shares of Tern Plc (LON:TERN – Get Free Report) were down 41.5% on Tuesday . The company traded as low as GBX 1.21 ($0.02) and last traded at GBX 1.29 ($0.02). Approximately 5,970,074 shares were traded during mid-day trading, an increase of 218% from the average daily volume of 1,874,527 shares. The stock had previously closed at GBX 2.21 ($0.03).
Tern Trading Down 41.4 %
The firm has a market cap of £5.75 million, a PE ratio of -73.67 and a beta of 0.89. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.33 and a quick ratio of 0.75. The business has a 50-day moving average price of GBX 1.55 and a two-hundred day moving average price of GBX 2.26.
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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