Moreover, the 36-month beta value for TERN is -0.36. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TERN is 42.98M and currently, short sellers hold a 4.96% of that float. On June 26, 2024, TERN’s average trading volume was 990.60K shares.
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TERN) stock’s latest price update
The stock price of Terns Pharmaceuticals Inc (NASDAQ: TERN) has plunged by -7.03 when compared to previous closing price of 7.25, but the company has seen a -8.55% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-06-21 that TERN-501 significantly improved the efficacy of a GLP-1 receptor agonist by normalizing energy expenditure, resulting in greater weight loss, increased fat mass loss and relative preservation of lean mass TERN-501 significantly improved the efficacy of a GLP-1 receptor agonist by normalizing energy expenditure, resulting in greater weight loss, increased fat mass loss and relative preservation of lean mass
TERN’s Market Performance
Terns Pharmaceuticals Inc (TERN) has seen a -8.55% fall in stock performance for the week, with a 12.33% gain in the past month and a 9.42% surge in the past quarter. The volatility ratio for the week is 8.36%, and the volatility levels for the past 30 days are at 9.42% for TERN. The simple moving average for the last 20 days is -4.73% for TERN stock, with a simple moving average of 14.72% for the last 200 days.
Analysts’ Opinion of TERN
Many brokerage firms have already submitted their reports for TERN stocks, with Mizuho repeating the rating for TERN by listing it as a “Buy.” The predicted price for TERN in the upcoming period, according to Mizuho is $16 based on the research report published on June 22, 2023 of the previous year 2023.
Jefferies, on the other hand, stated in their research note that they expect to see TERN reach a price target of $18. The rating they have provided for TERN stocks is “Buy” according to the report published on June 07th, 2023.
ROTH MKM gave a rating of “Buy” to TERN, setting the target price at $23 in the report published on May 31st of the previous year.
TERN Trading at 10.94% from the 50-Day Moving Average
After a stumble in the market that brought TERN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.83% of loss for the given period.
Volatility was left at 9.42%, however, over the last 30 days, the volatility rate increased by 8.36%, as shares surge +8.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.67% upper at present.
During the last 5 trading sessions, TERN fell by -6.85%, which changed the moving average for the period of 200-days by +22.59% in comparison to the 20-day moving average, which settled at $7.10. In addition, Terns Pharmaceuticals Inc saw 3.85% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TERN starting from Vivo Opportunity, LLC, who sale 138,066 shares at the price of $6.20 back on Apr 03 ’24. After this action, Vivo Opportunity, LLC now owns 268,573 shares of Terns Pharmaceuticals Inc, valued at $856,009 using the latest closing price.
Vivo Opportunity, LLC, the 10% Owner of Terns Pharmaceuticals Inc, sale 101,480 shares at $6.65 during a trade that took place back on Apr 02 ’24, which means that Vivo Opportunity, LLC is holding 272,722 shares at $674,842 based on the most recent closing price.
Stock Fundamentals for TERN
Current profitability levels for the company are sitting at:
- -78.55 for the present operating margin
- 0.32 for the gross margin
The net margin for Terns Pharmaceuticals Inc stands at -68.88. The total capital return value is set at -0.44. Equity return is now at value -34.73, with -33.23 for asset returns.
Based on Terns Pharmaceuticals Inc (TERN), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -177.53. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -40.42.
Currently, EBITDA for the company is -101.68 million with net debt to EBITDA at 0.63. When we switch over and look at the enterprise to sales, we see a ratio of 279.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 27.85.
Conclusion
To wrap up, the performance of Terns Pharmaceuticals Inc (TERN) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
