Tern (LON:TERN) Releases Quarterly Earnings Results

Tern (LON:TERN) announced its quarterly earnings data on Tuesday. The company reported GBX (0.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tern had a negative net margin of 9,424.35% and a negative return on equity of 59.29%.

Tern Stock Performance

Shares of LON:TERN traded down GBX 0.10 during midday trading on Tuesday, hitting GBX 0.75. The stock had a trading volume of 7,294,782 shares, compared to its average volume of 2,979,706. Tern has a 1 year low of GBX 0.30 and a 1 year high of GBX 1.70. The company has a current ratio of 0.68, a quick ratio of 0.75 and a debt-to-equity ratio of 2.64. The stock has a 50 day moving average price of GBX 1.18 and a two-hundred day moving average price of GBX 1.01. The company has a market capitalization of £7.17 million, a PE ratio of -0.93 and a beta of 0.83.

About Tern

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.