The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Terns Pharmaceuticals Inc (NASDAQ: TERN) was $3.25 for the day, up 2.20% from the previous closing price of $3.18. In other words, the price has increased by $2.20 from its previous closing price. On the day, 1.07 million shares were traded. TERN stock price reached its highest trading level at $3.2936 during the session, while it also had its lowest trading level at $3.08.
Ratios:
Our analysis of TERN’s different ratios will help us gain a deeper understanding of the company. 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.
On October 31, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $82.
On June 22, 2023, Mizuho started tracking the stock assigning a Buy rating and target price of $16.Mizuho initiated its Buy rating on June 22, 2023, with a $16 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.
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 276051424 and an Enterprise Value of -95420720.
Stock Price History:
The Beta on a monthly basis for TERN is -0.22, which has changed by -0.4601329 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, TERN has reached a high of $11.40, while it has fallen to a 52-week low of $3.16. The 50-Day Moving Average of the stock is -23.88%, while the 200-Day Moving Average is calculated to be -51.10%.
Shares Statistics:
TERN traded an average of 1.59M shares per day over the past three months and 1012360 shares per day over the past ten days. 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 80.80% stake in the company. Shares short for TERN as of 1740700800 were 6194900 with a Short Ratio of 3.89, compared to 1738281600 on 6454514. Therefore, it implies a Short% of Shares Outstanding of 6194900 and a Short% of Float of 8.02.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
