In last trading session, Tenon Medical Inc (NASDAQ:TNON) saw 0.38 million shares changing hands with its beta currently measuring 1.82. Company’s recent per share price level of $0.99 trading at -$0.05 or -5.22% at ring of the bell on the day assigns it a market valuation of $3.09M. That closing price of TNON’s stock is at a discount of -1494.95% from its 52-week high price of $15.79 and is indicating a discount of -2.02% from its 52-week low price of $1.01. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.0 million shares which gives us an average trading volume of 941.89K if we extend that period to 3-months.
Tenon Medical Inc (NASDAQ:TNON) trade information
Upright in the red during last session for losing -5.22%, in the last five days TNON remained trading in the red while hitting it’s week-highest on Tuesday, 03/11/25 when the stock touched $0.99 price level, adding 50.5% to its value on the day. Tenon Medical Inc’s shares saw a change of -47.57% in year-to-date performance and have moved -24.18% in past 5-day. Tenon Medical Inc (NASDAQ:TNON) showed a performance of -31.55% in past 30-days. Number of shares sold short was 0.17 million shares which calculate 1.99 days to cover the short interests.
Tenon Medical Inc (TNON) estimates and forecasts
This year revenue growth is estimated to rise 16.39% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 901k for the same. And 1 analysts are in estimates of company making revenue of 935k in the next quarter. Company posted 808k and 719k 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. In 2025, company’s earnings growth rate is likely to be around 68.67% while estimates for its earnings growth in next 5 years are of 54.23%.
Tenon Medical Inc (NASDAQ:TNON)’s Major holders
Insiders are in possession of 1.63% of company’s total shares while institution are holding 4.19 percent of that, with stock having share float percentage of 4.26%. Investors also watch the number of corporate investors in a company very closely, which is 4.19% institutions for Tenon Medical Inc that are currently holding shares of the company.
On the other hand, Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 16.86 shares of worth $16616.0 or 0.54% of the total outstanding shares. The later fund manager was in possession of 2.98 shares on Dec 31, 2024 , making its stake of worth around $2939.0 in the company or a holder of 0.10% of company’s stock.
