Tern (LON:TERN) Shares Cross Above 50-Day Moving Average of $2.26

Shares of Tern Plc (LON:TERNGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 2.26 ($0.03) and traded as high as GBX 2.76 ($0.03). Tern shares last traded at GBX 2.60 ($0.03), with a volume of 2,441,375 shares trading hands.

Tern Price Performance

The company has a debt-to-equity ratio of 1.63, a current ratio of 2.04 and a quick ratio of 0.75. The firm has a market cap of £11.06 million, a P/E ratio of -90.00 and a beta of 0.75. The stock’s 50-day simple moving average is GBX 2.28 and its two-hundred day simple moving average is GBX 3.27.

Tern Company Profile

(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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