Tern Plc (LON:TERN) Insider Purchases £67,200 in Stock

Tern Plc (LON:TERNGet Rating) insider Ian Ritchie acquired 560,000 shares of the company’s stock in a transaction on Wednesday, July 27th. The stock was bought at an average price of GBX 12 ($0.14) per share, for a total transaction of £67,200 ($80,963.86).

Tern Stock Performance

Tern stock opened at GBX 13 ($0.16) on Friday. The firm’s 50 day moving average price is GBX 12.18 and its two-hundred day moving average price is GBX 12.46. Tern Plc has a twelve month low of GBX 9.61 ($0.12) and a twelve month high of GBX 23.75 ($0.29). The firm has a market cap of £45.76 million and a PE ratio of 1,300.00.

Tern Company Profile

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Tern Plc is a venture capital firm specializing in 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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