Tern (LON:TERN) Trading Down 4.8% – Time to Sell?

Tern Plc (LON:TERN)’s share price traded down 4.8% on Monday . The stock traded as low as GBX 1.26 ($0.02) and last traded at GBX 1.26 ($0.02). 1,225,878 shares were traded during trading, an increase of 15% from the average session volume of 1,068,574 shares. The stock had previously closed at GBX 1.32 ($0.02).

Tern Trading Up 9.4 %

The company has a market capitalization of £6.20 million, a PE ratio of -46.50 and a beta of 0.89. The company’s fifty day moving average is GBX 1.52 and its 200-day moving average is GBX 1.65. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.33 and a quick ratio of 0.75.

Insider Transactions at Tern

In related news, insider Iain Ross bought 1,100,000 shares of the business’s stock in a transaction dated Thursday, October 31st. The stock was acquired at an average price of GBX 1 ($0.01) per share, with a total value of £11,000 ($13,722.55). Insiders own 7.02% of the company’s stock.

Tern Company Profile

Tern backs companies with proven technology, based in the UK but with global ambition.

Our management team has a strong track record of unlocking opportunities in the USA for UK companies.

We look for well-motivated teams who are building innovative high growth businesses, with revenue and IP, and which are harnessing software to create or disrupt markets.

We predominantly support software companies which develop commercial IoT security, enablement and analytics solutions for the healthcare and industrial sectors, where safety and regulatory compliance are important market requirements.

Unlike many of our peers, we select to work with only a handful of companies in a given period.