Iain Ross Buys 1,100,000 Shares of Tern Plc (LON:TERN) Stock

Tern Plc (LON:TERN) insider Iain Ross acquired 1,100,000 shares of Tern stock in a transaction dated Thursday, October 31st. The shares were bought at an average cost of GBX 1 ($0.01) per share, with a total value of £11,000 ($14,265.34).

Tern Stock Up 11.1 %

Shares of LON TERN opened at GBX 1.50 ($0.02) on Friday. The company has a quick ratio of 0.75, a current ratio of 0.33 and a debt-to-equity ratio of 1.89. The firm has a market cap of £6.66 million, a PE ratio of -49.17 and a beta of 0.89. The company’s fifty day simple moving average is GBX 1.42 and its 200 day simple moving average is GBX 2.14. Tern Plc has a 12-month low of GBX 0.90 ($0.01) and a 12-month high of GBX 5.50 ($0.07).

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.