Trading Day Review: Terns Pharmaceuticals Inc (TERN) Loses Momentum, Closing at 3.01

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

The price of Terns Pharmaceuticals Inc (NASDAQ: TERN) closed at $3.01 in the last session, down -8.79% from day before closing price of $3.30. In other words, the price has decreased by -$8.79 from its previous closing price. On the day, 1.0 million shares were traded.

Ratios:

We take a closer look at TERN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 23.14 and its Current Ratio is at 23.14. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 01 ’25 when Kuriakose Emil sold 952 shares for $2.49 per share. The transaction valued at 2,366 led to the insider holds 53,317 shares of the business.

Jung Melita Sun bought 2,250 shares of TERN for $11,498 on Nov 30 ’24. The Chief Business Officer now owns 2,250 shares after completing the transaction at $5.11 per share. On Nov 30 ’24, another insider, Burroughs Amy L., who serves as the Chief Executive Officer of the company, bought 510 shares for $5.11 each. As a result, the insider paid 2,606 and bolstered with 19,609 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 $1.87. The 50-Day Moving Average of the stock is -0.30%, while the 200-Day Moving Average is calculated to be -48.38%.

Shares Statistics:

A total of 87.13M shares are outstanding, with a floating share count of 65.33M. Insiders hold about 25.20% of the company’s shares, while institutions hold 78.95% stake in the company.

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