Tenon Medical Inc (NASDAQ:TNON) currently has a daily average trading volume of 20.64K but it saw 37062356 shares traded in last market. With a market cap of 2.24M USD, the company’s current market price of $4.40 came rising about 43.79 while comparing to the previous closing price of $3.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.60 and as low as $2.80. In the recent trading on the day, stock has struck highest price mark of $3.82 while lowest mark touched by it was $9.62.
Taking a look at 20-day trading activity of Tenon Medical Inc (TNON) gives us an average price of $3.88, while its current price level is -88.30% below from 52-week high level whereas it is 57.14% 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 $4.64 while that of 200 days or SMA-200 reads an average of $7.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 53.69% during that period while stretching the period over a month that decreases to 24.92%. 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 53.22 which implies that the stock is in neutral territory.
Over the week, TNON’s stock price is moving -8.88% down while it is -5.98% when we observe its performance for the past one month. Year-to-date it is -65.19% down and over the past year, the stock is showing a downside performance of -69.63%.
Currently, Tenon Medical Inc’s total number of outstanding shares is 2.60M. Company’s return on investment (ROI) stands at -1236.01% and return on equity (ROE) at -1598.62%. Stock’s beta reads 2.18. Stock has a price to sale or P/S ratio amounts to 0.67. Its return on asset (ROA) is -174.87% on average.
