Shares of Tern Plc (LON:TERN – Get Free Report) rose 20.3% during trading on Monday. The company traded as high as GBX 0.95 and last traded at GBX 0.89. Approximately 3,127,446 shares were traded during trading, an increase of 6% from the average daily volume of 2,964,161 shares. The stock had previously closed at GBX 0.74.
Tern Trading Up 20.3%
The company has a current ratio of 1.85, a quick ratio of 0.75 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of £8.50 million, a PE ratio of -1.10 and a beta of 0.83. The business has a fifty day moving average price of GBX 1.14 and a two-hundred day moving average price of GBX 1.01.
Tern (LON:TERN – Get Free Report) last released its quarterly earnings results on Tuesday, September 29th. The company reported GBX (0.05) earnings per share (EPS) for the quarter. Tern had a negative net margin of 6,539.34% and a negative return on equity of 63.09%.
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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