Tern (LON:TERN) Shares Cross Below Fifty Day Moving Average of $9.05

Tern Plc (LON:TERNGet Rating) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 9.05 ($0.11) and traded as low as GBX 8.20 ($0.10). Tern shares last traded at GBX 8.75 ($0.11), with a volume of 942,796 shares trading hands.

Tern Stock Performance

The stock has a 50-day simple moving average of GBX 9.05 and a 200 day simple moving average of GBX 9.70. The stock has a market capitalization of £35.71 million and a P/E ratio of 875.00.

About Tern

(Get Rating)

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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