Tern (LON:TERN) Trading Up 15.9%

Tern Plc (LON:TERNGet Free Report) was up 15.9% during mid-day trading on Thursday . The company traded as high as GBX 4.25 ($0.05) and last traded at GBX 4.23 ($0.05). Approximately 8,772,973 shares traded hands during trading, an increase of 309% from the average daily volume of 2,143,752 shares. The stock had previously closed at GBX 3.65 ($0.05).

Tern Stock Performance

The stock has a market cap of £18.07 million, a P/E ratio of -123.33 and a beta of 0.83. The stock has a fifty day simple moving average of GBX 2.44 and a 200-day simple moving average of GBX 3.13. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.75 and a current ratio of 2.04.

About Tern

(Get Free Report)

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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