Tenon Medical Inc (NASDAQ:TNON) currently has a daily average trading volume of 2.12M but it saw 2066444 shares traded in last market. With a market cap of 1.66M USD, the company’s current market price of $3.26 came falling about -6.59 while comparing to the previous closing price of $3.49. 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 $3.2218 while lowest mark touched by it was $3.5.
Taking a look at 20-day trading activity of Tenon Medical Inc (TNON) gives us an average price of $3.72, while its current price level is -91.33% below from 52-week high level whereas it is 16.43% 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 $4.23 while that of 200 days or SMA-200 reads an average of $6.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.12% during that period while stretching the period over a month that increases to 8.61%. 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 39.27 which implies that the stock is in neutral territory.
Over the week, TNON’s stock price is moving -17.05% down while it is -24.71% when we observe its performance for the past one month. Year-to-date it is -74.21% down and over the past year, the stock is showing a downside performance of -70.04%.
Currently, Tenon Medical Inc’s total number of outstanding shares is 0.57M. Company’s return on investment (ROI) stands at -1236.01% and return on equity (ROE) at -1598.62%. Stock’s beta reads 2.19. Stock has a price to sale or P/S ratio amounts to 0.49. Its return on asset (ROA) is -174.87% on average.
