Tern Plc (LON:TERN – Get Free Report)’s share price shot up 19.1% during trading on Wednesday . The company traded as high as GBX 1.31 and last traded at GBX 1.31. 1,564,604 shares changed hands during trading, a decline of 48% from the average session volume of 2,980,792 shares. The stock had previously closed at GBX 1.10.
Tern Price Performance
The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.75 and a current ratio of 0.44. The business has a fifty day moving average of GBX 0.84 and a two-hundred day moving average of GBX 0.64. The firm has a market capitalization of £11.21 million, a price-to-earnings ratio of -3.58 and a beta of 0.83.
About Tern
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.
Further Reading
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