The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Terns Pharmaceuticals Inc’s current trading price is -56.67% away from its 52-week high, while its distance from the 52-week low is 86.66%. The stock’s price range for this period has been between $3.26 and $14.04 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.93 million for the day, a number notably higher than the average daily volume of 0.78 million over the last three months.
Terns Pharmaceuticals Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $14.04 on 04/20/23, while the lowest price for the same duration was marked at $3.26 on 11/10/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Terns Pharmaceuticals Inc (TERN) has experienced a quarterly decline of -6.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 393.40M and boasts a workforce of 66 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.95, with a change in price of +0.53. Similarly, Terns Pharmaceuticals Inc recorded 676,387 in trading volume during the last 100 days, posting a change of +9.64%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for TERN stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
TERN Stock Stochastic Average
Terns Pharmaceuticals Inc’s raw stochastic average for the past 50 days is presently 32.68%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 0.57%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.12% and 17.47%, respectively.
TERN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price decrease of -6.24%. However, over the past six months, we’ve seen a weaker performance of 18.85%. The price of TERN leaped by -17.55% over the last 30 days. And in the last five days, it has fallen by -18.10%.
