How to buy Tenon Medical stock (TNON)

Tenon Medical is a medical devices business based in the US. Tenon Medical shares (TNON) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $1.85 – a decrease of 9.76% over the previous week. Tenon Medical employs 21 staff and has a trailing 12-month revenue of around $3.4 million.

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Tenon Medical stock price (NASDAQ: TNON)

Use our graph to track the performance of TNON stocks over time.

Tenon Medical shares at a glance

• Key figures

Information last updated 2024-12-12.

Latest market close	$1.85
52-week range	$1.86 - $17.19
50-day moving average more info button	$3.22
200-day moving average more info button	$5.30
Wall St. target price	$8.00
PE ratio more info button	0.0072
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$287.92

Is it a good time to buy Tenon Medical stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Tenon Medical price performance over time

Historical closes compared with the close of $1.94 from 2024-12-16

1 week (2024-12-12)	-5.37%
1 month (2024-11-19)	-23.62%
3 months (2024-09-19)	-61.43%
6 months (2024-06-18)	228.26%

1 year (2023-12-19)	41.61%
2 years (2022-12-19)	-98.69%
3 years (2021-12-15)	N/A
5 years (2019-12-15)	N/A

Is Tenon Medical stock undervalued or overvalued?

Valuing Tenon Medical stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tenon Medical's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tenon Medical's P/E ratio

Tenon Medical's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 0x. In other words, Tenon Medical shares trade at around 0x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Tenon Medical financials

Revenue TTM	$3.4 million
Gross profit TTM	$-641,000
Return on assets TTM	-109.52%
Return on equity TTM	-1598.62%
Profit margin	0%
Book value	$2.39
Market Capitalization more info button	$6.5 million

TTM: trailing 12 months

Tenon Medical share dividends

We're not expecting Tenon Medical to pay a dividend over the next 12 months.

Have Tenon Medical's shares ever split?

Tenon Medical's shares were split on a 1:8 basis on 5 September 2024 . So if you had owned 8 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Tenon Medical shares – just the quantity. However, indirectly, the new 700% higher share price could have impacted the market appetite for Tenon Medical shares which in turn could have impacted Tenon Medical's share price.

Tenon Medical share price volatility

Over the last 12 months, Tenon Medical's shares have ranged in value from as little as $1.86 up to $17.192. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Tenon Medical's is 2.162. This would suggest that Tenon Medical's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Tenon Medical overview

Tenon Medical, Inc. , a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as transfixes the SI joints. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Gatos, California. .

Frequently asked questions

What percentage of Tenon Medical is owned by insiders or institutions?
Currently 1.701% of Tenon Medical shares are held by insiders and 1.795% by institutions. How many people work for Tenon Medical?
Latest data suggests 21 work at Tenon Medical. When does the fiscal year end for Tenon Medical?
Tenon Medical's fiscal year ends in December. Where is Tenon Medical based?
Tenon Medical's address is: 104 Cooper Court, Los Gatos, CA, United States, 95032 What is Tenon Medical's ISIN number?
Tenon Medical's international securities identification number is: US88066N1054