The stock of Tern PLC (LON:TERN) is a huge mover today! The stock decreased 4.68% or GBX 0.38 on November 8, hitting GBX 7.74. About 1.10 million shares traded hands. Tern PLC (LON:TERN) has declined 33.67% since April 8, 2016 and is downtrending. It has underperformed by 35.63% the S&P500.
The move comes after 6 months negative chart setup for the GBX 8.77M company. It was reported on Nov, 8 by Barchart.com. We have GBX 6.89 PT which if reached, will make LON:TERN worth GBX 964,700 less.
More recent Tern PLC (LON:TERN) news were published by: Globenewswire.com which released: “Tern Plc : Disposal” on November 03, 2016. Also Fool.Co.Uk published the news titled: “Is Tern PLC Heading To Zero?” on September 08, 2015. Fool.Co.Uk‘s news article titled: “3 unmissable small-caps? Independent Oil & Gas plc, Tern plc and Belvoir …” with publication date: June 07, 2016 was also an interesting one.
Tern Plc is a United Kingdom-based investment company. The company has a market cap of 8.77 million GBP. The Firm invests in, and develops, private information technology companies in the cloud, Internet of Things and mobile sectors. It has a 1.24 P/E ratio. The Company’s investment portfolio consists of Cryptosoft Limited (Cryptosoft), Flexiant Corporation Limited (Flexiant), Push Technology Limited (Push) and Seal Software Group Limited (Seal).
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