Tenon Medical Inc (NASDAQ: TNON) open the trading on Wednesday, with a bit cautious approach as it glided -6.59% to $3.26, before settling in for the price of $3.49 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 Healthcare Sector giants’ yearly sales growth during the last 5-year period was 225.63%. Meanwhile, its Annual Earning per share during the time was -108.61%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 71.85%. This publicly-traded company’s shares outstanding now amounts to $0.57 million, simultaneously with a float of $0.57 million. The organization now has a market capitalization sitting at $1.66 million. At the time of writing, stock’s 50-day Moving Average stood at $4.23, while the 200-day Moving Average is $6.29.
Tenon Medical Inc (TNON) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the 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 0.54. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.49.
In the same vein, TNON’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -144.95, 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)
[Tenon Medical Inc, TNON] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 12.42% While, its Average True Range was 0.39.
Raw Stochastic average of Tenon Medical Inc (TNON) in the period of the previous 100 days is set at 3.54%, which indicates a major rise in contrast to 2.83% 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 95.05% that was lower than 165.10% volatility it exhibited in the past 100-days period.
