Tenon Medical Inc (NASDAQ:TNON) currently has a daily average trading volume of 6.40M but it saw 41224984 shares traded in last market. With a market cap of 8.78M USD, the company’s current market price of $2.80 came rising about 15.70 while comparing to the previous closing price of $2.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.79 and as low as $0.91. In the recent trading on the day, stock has struck highest price mark of $2.6183 while lowest mark touched by it was $3.26.
Taking a look at 20-day trading activity of Tenon Medical Inc (TNON) gives us an average price of $1.46, while its current price level is -82.27% below from 52-week high level whereas it is 207.86% 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 $1.52 while that of 200 days or SMA-200 reads an average of $3.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 31.86% during that period while stretching the period over a month that decreases to 15.53%. 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 63.23 which implies that the stock is in neutral territory.
Over the week, TNON’s stock price is moving 152.25% up while it is 97.18% when we observe its performance for the past one month. Year-to-date it is 48.94% up and over the past year, the stock is showing a downside performance of -64.47%.
Currently, Tenon Medical Inc’s total number of outstanding shares is 3.14M. Company’s return on investment (ROI) stands at -223.71% and return on equity (ROE) at -405.19%. Stock’s beta reads 1.19. Stock has a price to book (P/B) ratio of 3.96 while price to sale or P/S ratio amounts to 2.68. Its return on asset (ROA) is -168.93% on average.
