Tenon Medical Inc (NASDAQ:TNON)’s traded shares stood at 0.36 million during the last session, with the company’s beta value hitting 1.23. At the close of trading, the stock’s price was $1.17, to imply a decrease of -0.85% or -$0.01 in intraday trading. The TNON share’s 52-week high remains $15.79, putting it -1249.57% down since that peak but still an impressive 22.22% since price per share fell to its 52-week low of $0.91. The company has a valuation of $7.26M, with an average of 0.36 million shares in intraday trading volume over the past 10 days and average of 7.18 million shares over the past 3 months.
Tenon Medical Inc (NASDAQ:TNON) trade information
After registering a -0.85% downside in the last session, Tenon Medical Inc (TNON) has traded red over the past five days. The 5-day price performance for the stock is 0.00%, and -20.41% over 30 days. With these gigs, the year-to-date price performance is -37.77%. Short interest in Tenon Medical Inc (NASDAQ:TNON) saw shorts transact 0.14 million shares and set a 0.01 days time to cover.
Tenon Medical Inc (TNON) estimates and forecasts
The rating firms project that company’s revenue will grow 37.66% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 840k. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 1.02M.Earnings reports from the last fiscal year show that sales brought in 719k and 901k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 16.83% before jumping 13.65% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -25.43% for the past 5-year period. While 2025 is set for a 76.11% return in earnings, projections for the next 5 years are at 61.35% annually.
TNON Dividends
Tenon Medical Inc has its next earnings report out on 2025-Mar-19. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Tenon Medical Inc (NASDAQ:TNON)’s Major holders
Tenon Medical Inc insiders hold 0.36% of total outstanding shares, with institutional holders owning 1.40% of the shares at 1.40% float percentage. In total, 1.40% institutions holds shares in the company.
We also have Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Tenon Medical Inc (TNON) shares. Going by data provided on Feb 28, 2025 , Fidelity Concord Street Trust-Fidelity Extended Market Index Fund holds roughly 16.5 shares. This is just over 0.27% of the total shares, with a market valuation of $19306.0. Data from the same date shows that the other fund manager holds a little less at 2.98, or 0.05% of the shares, all valued at about 3488.0.
