Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Terns Pharmaceuticals Inc’s stock clocked out at $3.71, down -0.54% from its previous closing price of $3.73. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 1.12 million shares were traded.
Ratios:
To gain a deeper understanding of TERN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 32.99 and its Current Ratio is at 32.99. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on October 31, 2024, initiated with a Outperform rating and assigned the stock a target price of $82.
On June 22, 2023, Mizuho started tracking the stock assigning a Buy rating and target price of $16.
On June 07, 2023, Jefferies started tracking the stock assigning a Buy rating and target price of $18.Jefferies initiated its Buy rating on June 07, 2023, with a $18 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 30 ’24 when Jung Melita Sun bought 2,250 shares for $5.11 per share. The transaction valued at 11,498 led to the insider holds 2,250 shares of the business.
Burroughs Amy L. bought 510 shares of TERN for $2,606 on Nov 30 ’24. The Chief Executive Officer now owns 19,609 shares after completing the transaction at $5.11 per share. On Jan 02 ’25, another insider, Kuriakose Emil, who serves as the Chief Medical Officer of the company, sold 4,481 shares for $5.71 each. As a result, the insider received 25,607 and left with 54,269 shares of the company.
Stock Price History:
Over the past 52 weeks, TERN has reached a high of $11.40, while it has fallen to a 52-week low of $3.72. The 50-Day Moving Average of the stock is -25.87%, while the 200-Day Moving Average is calculated to be -45.59%.
Shares Statistics:
A total of 84.92M shares are outstanding, with a floating share count of 63.53M. Insiders hold about 25.20% of the company’s shares, while institutions hold 80.57% stake in the company.
