Terns Pharmaceuticals Inc (NASDAQ: TERN) is -21.73% lower on its value in year-to-date trading and has touched a low of $3.26 and a high of $13.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TERN stock was last observed hovering at around $5.05 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $5.08, the stock is 0.68% and -19.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing 0.59% at the moment leaves the stock -13.28% off its SMA200. TERN registered -60.71% loss for a year compared to 6-month gain of -4.51%.
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The stock witnessed a -23.49% loss in the last 1 month and extending the period to 3 months gives it a -1.93%, and is 6.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.26% over the week and 7.20% over the month.
Terns Pharmaceuticals Inc (TERN) has around 66 employees, a market worth around $328.52M and $0.00M in sales. Distance from 52-week low is 55.83% and -62.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-35.33%).
The EPS is expected to shrink by -9.27% this year
The shares outstanding are 64.58M, and float is at 41.14M with Short Float at 10.69%.
Terns Pharmaceuticals Inc (TERN) Insider Activity
The most recent transaction is an insider sale by Vivo Opportunity, LLC, the company’s 10% Owner. SEC filings show that Vivo Opportunity, LLC sold 138,066 shares of the company’s common stock on Apr 03 ’24 at a price of $6.20 per share for a total of $0.86 million. Following the sale, the insider now owns 0.27 million shares.
Terns Pharmaceuticals Inc disclosed in a document filed with the SEC on Apr 02 ’24 that Vivo Opportunity, LLC (10% Owner) sold a total of 101,480 shares of the company’s common stock. The trade occurred on Apr 02 ’24 and was made at $6.65 per share for $0.67 million. Following the transaction, the insider now directly holds 0.27 million shares of the TERN stock.
Still, SEC filings show that on Apr 01 ’24, Vivo Opportunity, LLC (10% Owner) disposed off 181,117 shares at an average price of $6.99 for $1.27 million. The insider now directly holds 275,772 shares of Terns Pharmaceuticals Inc (TERN).
