Tern (LON:TERN) Shares Pass Above 50 Day Moving Average of $2.20

Tern Plc (LON:TERNGet Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 2.20 ($0.03) and traded as high as GBX 2.88 ($0.04). Tern shares last traded at GBX 2.60 ($0.03), with a volume of 1,792,587 shares.

Tern Stock Performance

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 company has a 50 day simple moving average of GBX 2.20 and a 200-day simple moving average of GBX 3.40. The stock has a market capitalization of £10.65 million, a price-to-earnings ratio of -86.67 and a beta of 0.75.

About Tern

(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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