For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Terns Pharmaceuticals Inc’s stock clocked out at $5.75, up 1.41% from its previous closing price of $5.67. In other words, the price has increased by $1.41 from its previous closing price. On the day, 0.93 million shares were traded. TERN stock price reached its highest trading level at $5.8 during the session, while it also had its lowest trading level at $5.59.
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 Dec 05 ’24 when Burroughs Amy L. bought 15,450 shares for $7.15 per share. The transaction valued at 110,468 led to the insider holds 19,099 shares of the business.
Lu Hongbo bought 476,190 shares of TERN for $4,999,995 on Sep 12 ’24. The Director now owns 476,190 shares after completing the transaction at $10.50 per share. On Sep 10 ’24, another insider, Vignola Mark J., who serves as the Chief Financial Officer of the company, sold 10,000 shares for $11.00 each. As a result, the insider received 110,000 and left with 91,940 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TERN now has a Market Capitalization of 488398656 and an Enterprise Value of 116800608.
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 $4.32. The 50-Day Moving Average of the stock is -10.40%, while the 200-Day Moving Average is calculated to be -17.74%.
Shares Statistics:
It appears that TERN traded 1.59M shares on average per day over the past three months and 1909990 shares per day over the past ten days. A total of 84.92M shares are outstanding, with a floating share count of 62.29M. Insiders hold about 26.67% of the company’s shares, while institutions hold 71.54% stake in the company. Shares short for TERN as of 1734048000 were 6204533 with a Short Ratio of 3.90, compared to 1731628800 on 3976729. Therefore, it implies a Short% of Shares Outstanding of 6204533 and a Short% of Float of 8.0299996.
