Tern (LON:TERN) Share Price Crosses Above 50 Day Moving Average of $2.26

Tern Plc (LON:TERNGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 2.26 ($0.03) and traded as high as GBX 2.76 ($0.03). Tern shares last traded at GBX 2.60 ($0.03), with a volume of 2,441,375 shares.

Tern Stock Up 3.4 %

The business’s 50 day moving average is GBX 2.26 and its 200-day moving average is GBX 3.29. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.75 and a current ratio of 2.04. The firm has a market capitalization of £11.02 million, a price-to-earnings ratio of -86.67 and a beta of 0.75.

Tern Company Profile

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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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