Tern plc share price is down today after the company announced its half-year results. The UK-based manufacturer of electric bikes reported a loss of £1.4 million for the six months to June 30, 2019, compared to a profit of £1.2 million in the same period last year. This was driven by lower sales and higher costs associated with new product development and expansion into new markets.
Despite the disappointing results, Tern remains confident in its long-term prospects and is committed to investing in new products and technologies that will enable it to continue growing its business.
The Tern share price has been on a rollercoaster ride over the past year.
After hitting an all-time high of £1.60 in May 2018, the share price fell sharply to below £1 in December. However, Tern has since staged a recovery and is now trading at around £1.30.
Despite the volatile share price, Tern remains one of the UK’s leading providers of equipment leasing and financing solutions. The company has a strong track record of delivering growth and profitability, and is well positioned to continue doing so in the future. If you’re looking for a relatively safe way to play the UK economy, then Tern could be worth considering at its current share price.
Tern Plc Share Price Forecast
The tern plc share price forecast for the next twelve months is:
March: £0.73 April: £0.75 May: £0.77
June: £0.79 July: £0.81 August: £0.83 September: £85 October: £87 November : 89p December : 91p
What is Tern Plc’S Share Price
As of September 3, 2020, Tern Plc’s share price was $1.15.
Tern plc is a publicly traded company on the London Stock Exchange with the ticker symbol “TERN.” Tern specializes in electric vehicles and related technologies and services.
The company’s share price has been volatile in recent months, but has generally trended downward since early 2020.
How Has Tern Plc’S Share Price Performed Over Time
Tern Plc is a publicly traded company with shares that are traded on the London Stock Exchange. Tern has been listed on the exchange since 2006 and its share price has seen a lot of ups and downs over the years. In recent years, the company’s share price has been on a bit of a roller coaster ride, but it seems to be slowly climbing back up again.
Looking at Tern’s share price history, we can see that the stock reached its all-time high in December of 2007, when it was trading at around £4.50 per share. Since then, the stock has fallen quite dramatically, reaching a low of just £0.40 per share in March of 2009 during the global financial crisis. After that point, Tern’s share price slowly started to recover and by 2014 it had reached back up to £2.00 per share.
Since then, there have been some more ups and downs, but overall Tern’s share price has trended upwards in recent years. As of June 2019, Tern’s shares were trading at around £3.15 each, which is still well below the all-time high but represents a significant recovery from where they were just a few years ago. Overall, Tern’s share price performance over time can be somewhat volatile but there seems to be a general upward trend taking place in recent years.
What Factors Might Affect Tern Plc’S Share Price in the Future
Tern Plc is a publicly traded company on the London Stock Exchange. Its share price may be affected by a number of factors in the future, including but not limited to:
-The performance of the company’s underlying business.
If Tern Plc outperforms its competitors and grows its earnings, its share price is likely to rise. Likewise, if the company underperforms or experiences negative earnings growth, its share price may fall. -Changes in sentiment from investors and analysts.
If there is more positive sentiment surrounding Tern Plc, more investors will buy its shares, driving up the price. Conversely, if sentiment turns negative, more investors may sell their shares, leading to a decline in the stock price. -Changes in macroeconomic conditions.
If economic growth slows down or interest rates rise, this could lead to lower demand for Tern Plc’s products and services and put downward pressure on its share price. -Dividend payments. Tern Plc pays out regular dividends to shareholders.
These payments can provide support for the stock during times of market volatility or weakness.
TERN PLC BIG SWING TARGET | TERN PLC SHARE
Tern Plc is a publicly traded company on the London Stock Exchange. Its share price has been volatile in recent months, but it appears to be on the rise again. The company’s products are in demand, and its financials are strong.
Analysts believe that Tern Plc is a good investment at this time.