Tern Plc (LON:TERN – Get Free Report)’s share price shot up 17.2% on Monday . The company traded as high as GBX 1.60 and last traded at GBX 1.45. Approximately 14,480,717 shares traded hands during trading, an increase of 381% from the average daily volume of 3,008,963 shares. The stock had previously closed at GBX 1.24.
Tern Price Performance
The business’s 50-day simple moving average is GBX 1.15 and its two-hundred day simple moving average is GBX 0.79. The stock has a market cap of £12.43 million, a P/E ratio of -1.80 and a beta of 0.83. The company has a quick ratio of 0.75, a current ratio of 0.68 and a debt-to-equity ratio of 2.64.
Tern (LON:TERN – Get Free Report) last posted its earnings results on Wednesday, June 24th. The company reported GBX (0.81) earnings per share for the quarter. The company had revenue of GBX (403) million for the quarter. Tern had a negative net margin of 9,424.35% and a negative return on equity of 59.29%.
Tern Company Profile
Tern backs companies with proven technology, based in the UK but with global ambition.
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.
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