Tenon Medical Inc (NASDAQ: TNON) started the day on Thursday, with a price decrease of -2.00% at $3.43, before settling in for the price of $3.50 at the close. Taking a more long-term approach, TNON posted a 52-week range of $2.80-$37.60.
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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 225.63%. Meanwhile, its Annual Earning per share during the time was -24.04%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 71.85%. This publicly-traded company’s shares outstanding now amounts to $2.60 million, simultaneously with a float of $0.57 million. The organization now has a market capitalization sitting at $1.96 million. At the time of writing, stock’s 50-day Moving Average stood at $4.29, while the 200-day Moving Average is $6.68.
Tenon Medical Inc (TNON) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Medical Devices Industry. Tenon Medical Inc’s current insider ownership accounts for 0.00%, in contrast to 12.60% institutional ownership.
Tenon Medical Inc (TNON) Earnings and Revenue Records
Tenon Medical Inc’s EPS increase for this current 12-month fiscal period is 71.85% and is forecasted to reach -9.16 in the upcoming year.
Tenon Medical Inc (NASDAQ: TNON) Trading Performance Indicators
Let’s observe the current performance indicators for Tenon Medical Inc (TNON). It’s Quick Ratio in the last reported quarter now stands at 1.02. The Stock has managed to achieve an average true range (ATR) of 0.74. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.58.
In the same vein, TNON’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -136.51, a figure that is expected to reach -4.24 in the next quarter, and analysts are predicting that it will be -9.16 at the market close of one year from today.
Technical Analysis of Tenon Medical Inc (TNON)
If we take a close look at the recent performances of Tenon Medical Inc (NASDAQ: TNON), its last 5-days Average volume was 1.09 million that shows progress from its year to date volume of 0.64 million. During the previous 9 days, stock’s Stochastic %D was recorded 14.71% While, its Average True Range was 0.56.
Raw Stochastic average of Tenon Medical Inc (TNON) in the period of the previous 100 days is set at 4.85%, which indicates a major fall in contrast to 10.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 51.79% that was lower than 161.73% volatility it exhibited in the past 100-days period.
