Tern (LON:TERN) Trading 13.8% Higher

Tern Plc (LON:TERNGet Free Report) shares traded up 13.8% on Thursday . The stock traded as high as GBX 2.39 ($0.03) and last traded at GBX 2.39 ($0.03). 566,090 shares were traded during trading, a decline of 73% from the average session volume of 2,131,261 shares. The stock had previously closed at GBX 2.10 ($0.03).

Tern Stock Up 13.8 %

The firm’s 50-day simple moving average is GBX 2.93 and its two-hundred day simple moving average is GBX 2.76. The company has a market capitalization of £10.34 million, a price-to-earnings ratio of -70.00 and a beta of 0.80. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.04 and a quick ratio of 0.75.

About Tern

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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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