Tenon Medical Inc (NASDAQ:TNON) currently has a daily average trading volume of 57.55K but it saw 1341395 shares traded in last market. With a market cap of 2.38M USD, the company’s current market price of $0.60 came rising about 37.56 while comparing to the previous closing price of $0.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.70 and as low as $0.35. In the recent trading on the day, stock has struck highest price mark of $0.43 while lowest mark touched by it was $0.625.
Taking a look at 20-day trading activity of Tenon Medical Inc (TNON) gives us an average price of $0.5158, while its current price level is -87.16% below from 52-week high level whereas it is 72.46% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6004 while that of 200 days or SMA-200 reads an average of $1.0077. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.96% during that period while stretching the period over a month that decreases to 14.48%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.23 which implies that the stock is in neutral territory.
Over the week, TNON’s stock price is moving 18.35% up while it is 6.08% when we observe its performance for the past one month. Year-to-date it is -61.80% down and over the past year, the stock is showing a downside performance of -79.19%.
Currently, Tenon Medical Inc’s total number of outstanding shares is 3.95M. Company’s return on investment (ROI) stands at -1236.01% and return on equity (ROE) at -1598.62%. Stock’s beta reads 2.12. Stock has a price to sale or P/S ratio amounts to 0.71. Its return on asset (ROA) is -174.87% on average.
