In last trading session, Tenon Medical Inc (NASDAQ:TNON) saw 1.27 million shares changing hands with its beta currently measuring 2.09. Company’s recent per share price level of $0.44 trading at -$0.04 or -8.74% at ring of the bell on the day assigns it a market valuation of $1.73M. That closing price of TNON’s stock is at a discount of -968.18% from its 52-week high price of $4.70 and is indicating a premium of 20.45% from its 52-week low price of $0.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 33770.0 shares which gives us an average trading volume of 37.30K if we extend that period to 3-months.
Tenon Medical Inc (NASDAQ:TNON) trade information
Upright in the red during last session for losing -8.74%, in the last five days TNON remained trading in the red while hitting it’s week-highest on Thursday, 08/29/24 when the stock touched $0.44 price level, adding 16.97% to its value on the day. Tenon Medical Inc’s shares saw a change of -72.23% in year-to-date performance and have moved -20.06% in past 5-day. Tenon Medical Inc (NASDAQ:TNON) showed a performance of -19.01% in past 30-days. Number of shares sold short was 46084.0 shares which calculate 1.06 days to cover the short interests.
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Tenon Medical Inc (TNON) estimates and forecasts
This year revenue growth is estimated to rise 48.20% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.19M for the same. And 2 analysts are in estimates of company making revenue of 1.53M in the next quarter. Company posted 944k and 808k of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -108.61% during past 5 years.
Tenon Medical Inc (NASDAQ:TNON)’s Major holders
Insiders are in possession of 10.49% of company’s total shares while institution are holding 27.40 percent of that, with stock having share float percentage of 30.61%. Investors also watch the number of corporate investors in a company very closely, which is 27.40% institutions for Tenon Medical Inc that are currently holding shares of the company.
