Tern (LON:TERN) Announces Quarterly Earnings Results

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

LON:TERN opened at GBX 7.25 ($0.09) on Wednesday. The firm has a market cap of $21.82 million and a PE 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). The company’s 50-day moving average price is GBX 7.05 and its two-hundred day moving average price is GBX 8.25.

About Tern

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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