Tenon Medical Inc (NASDAQ:TNON) currently has a daily average trading volume of 1.14M but it saw 3078688 shares traded in last market. With a market cap of 2.87M USD, the company’s current market price of $5.03 came falling about -4.19 while comparing to the previous closing price of $5.25. 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 $4.71 while lowest mark touched by it was $5.74.
Taking a look at 20-day trading activity of Tenon Medical Inc (TNON) gives us an average price of $4.55, while its current price level is -86.62% below from 52-week high level whereas it is 79.64% 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 $4.66 while that of 200 days or SMA-200 reads an average of $7.51. A closer look into the stock’s movement over the week reveals that its volatility is standing at 41.37% during that period while stretching the period over a month that decreases to 30.17%. 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 51.76 which implies that the stock is in neutral territory.
Over the week, TNON’s stock price is moving 14.32% up while it is 31.84% when we observe its performance for the past one month. Year-to-date it is -60.21% down and over the past year, the stock is showing a downside performance of -64.30%.
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 2.05. Stock has a price to sale or P/S ratio amounts to 0.85. Its return on asset (ROA) is -174.87% on average.
