Tenon Medical Inc (NASDAQ:TNON) has a beta value of 0.86 and has seen 2.76 million shares traded in the last trading session. The company, currently valued at $13.08M, closed the last trade at $2.11 per share which meant it lost -$0.36 on the day or -14.57% during that session. The TNON stock price is -648.34% off its 52-week high price of $15.79 and 56.87% above the 52-week low of $0.91. If we look at the company’s 10-day average daily trading volume, we find that it stood at 37.81 million shares traded. The 3-month trading volume is 7.05 million shares.
Tenon Medical Inc (NASDAQ:TNON) trade information
Sporting -14.57% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the TNON stock price touched $2.11 or saw a rise of 63.93%. Year-to-date, Tenon Medical Inc shares have moved 12.23%, while the 5-day performance has seen it change 115.72%. Over the past 30 days, the shares of Tenon Medical Inc (NASDAQ:TNON) have changed 57.46%. Short interest in the company has seen 0.52 million shares shorted with days to cover at 0.2.
Tenon Medical Inc (TNON) estimates and forecasts
The company’s shares have lost -56.85% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 53.13%.
1 analysts offering their estimates for the company have set an average revenue estimate of 756k for the current quarter. 1 have an estimated revenue figure of 1.02M for the next ending quarter. Year-ago sales stood 719k and 901k respectively for this quarter and the next, and analysts expect sales will grow by 5.15% for the current quarter and 53.13% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -25.43% over the past 5 years.
TNON Dividends
Tenon Medical Inc is expected to release its next earnings report on 2025-Mar-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Tenon Medical Inc (NASDAQ:TNON)’s Major holders
Insiders own 0.83% of the company shares, while shares held by institutions stand at 2.12% with a share float percentage of 2.14%. Investors are also buoyed by the number of investors in a company, with Tenon Medical Inc having a total of 14.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Jan 31, 2025 , the former fund manager holds about 0.30% shares in the company for having 16.61 shares of worth $35038.0 while later fund manager owns 2.98 shares of worth $6292.0 as of Dec 31, 2024 , which makes it owner of about 0.05% of company’s outstanding stock.
