Tern Plc (LON:TERN – Get Free Report) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1.36 ($0.02) and traded as high as GBX 1.95 ($0.02). Tern shares last traded at GBX 1.90 ($0.02), with a volume of 2,911,542 shares changing hands.
Tern Price Performance
The company has a market cap of £8.44 million, a P/E ratio of -63.33 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 company’s 50-day moving average is GBX 1.36 and its two-hundred day moving average is GBX 2.03.
Insiders Place Their Bets
In related news, insider Iain Ross purchased 1,100,000 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were purchased at an average price of GBX 1 ($0.01) per share, with a total value of £11,000 ($13,943.47). Corporate insiders own 7.02% of the company’s stock.
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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