Tern (LON:TERN) Shares Cross Below 200-Day Moving Average of $2.68

Shares of Tern Plc (LON:TERNGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2.68 ($0.03) and traded as low as GBX 1.90 ($0.02). Tern shares last traded at GBX 2 ($0.03), with a volume of 530,796 shares changing hands.

Tern Stock Up 1.0 %

The firm has a market cap of £8.65 million, a PE ratio of -66.67 and a beta of 0.80. The company has a current ratio of 2.04, a quick ratio of 0.75 and a debt-to-equity ratio of 1.63. The firm has a 50 day moving average price of GBX 2.84 and a 200-day moving average price of GBX 2.68.

Tern Company Profile

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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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