Tern (LON:TERN) Stock Price Crosses Above Fifty Day Moving Average of $2.07

Tern Plc (LON:TERNGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 2.07 ($0.03) and traded as high as GBX 2.70 ($0.03). Tern shares last traded at GBX 2.55 ($0.03), with a volume of 6,795,875 shares trading hands.

Tern Trading Up 2.0 %

The firm’s 50-day simple moving average is GBX 2.07 and its 200-day simple moving average is GBX 3.56. The company has a quick ratio of 0.75, a current ratio of 2.04 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of £10.65 million, a PE ratio of -85.00 and a beta of 0.75.

About Tern

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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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