Tenon Medical Inc (NASDAQ:TNON) currently has a daily average trading volume of 7.14M but it saw 260939 shares traded in last market. With a market cap of 6.95M USD, the company’s current market price of $1.12 came rising about 3.70 while comparing to the previous closing price of $1.08. 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 $1.08 while lowest mark touched by it was $1.1899.
Taking a look at 20-day trading activity of Tenon Medical Inc (TNON) gives us an average price of $1.5644, while its current price level is -92.91% below from 52-week high level whereas it is 23.14% 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 $1.4214 while that of 200 days or SMA-200 reads an average of $3.0110. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.24% during that period while stretching the period over a month that increases to 20.19%. 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 44.55 which implies that the stock is in neutral territory.
Over the week, TNON’s stock price is moving 2.75% up while it is -5.08% when we observe its performance for the past one month. Year-to-date it is -40.43% down and over the past year, the stock is showing a downside performance of -82.26%.
The company is expected to be releasing its next quarterly report on 2025-Mar-19, for which analysts forecasted an EPS of -1.06 while estimate for next year EPS is -3.38. In next quarter, company is expected to be making quarterly sales of $1.02M as analysts are expecting the sales for current fiscal year at $5.02M and seeing the company making $7.53M in sales next year. Moreover, analysts are in estimates of $756k for current-quarter revenue.
Currently, Tenon Medical Inc’s total number of outstanding shares is 6.20M. Company’s return on investment (ROI) stands at -223.71% and return on equity (ROE) at -405.19%. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 1.58 while price to sale or P/S ratio amounts to 2.12. Its return on asset (ROA) is -168.93% on average.
