Tern (LON:TERN) Issues Quarterly Earnings Results

Tern (LON:TERN) released its earnings results on Monday. The company reported GBX 0.10 ($0.00) EPS for the quarter, Digital Look Earnings reports.

Tern stock traded down GBX 0.05 ($0.00) during trading on Wednesday, reaching GBX 7.25 ($0.09). The company had a trading volume of 544,762 shares, compared to its average volume of 2,563,779. The stock’s 50 day moving average price is GBX 7.05 and its two-hundred day moving average price is GBX 8.25. The firm has a market capitalization of $21.82 million and a price-to-earnings ratio of -24.17. Tern has a 12-month low of GBX 3.55 ($0.05) and a 12-month high of GBX 16 ($0.21).

Tern Company Profile

Tern Plc invests in the private software companies. It primarily acquires or invests in companies operating in the Internet of Things and cloud spaces. The company was formerly known as Silvermere Energy plc and changed its name to Tern Plc in August 2013. Tern Plc was incorporated in 2004 and is based in London, the United Kingdom.

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