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Tenon Medical NasdaqCM:TNON Stock Report

Last Price

US$0.85

Market Cap

US$3.0m

7D

13.1%

1Y

-95.3%

Updated

03 May, 2024

Data

Company Financials +

TNON Stock Overview

Tenon Medical, Inc., a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico.

TNON fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Tenon Medical, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tenon Medical
Historical stock prices
Current Share PriceUS$0.85
52 Week HighUS$20.40
52 Week LowUS$0.71
Beta2.25
1 Month Change-10.53%
3 Month Change-26.72%
1 Year Change-95.30%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.62%

Recent News & Updates

Recent updates

We're A Little Worried About Tenon Medical's (NASDAQ:TNON) Cash Burn Rate

Nov 29
We're A Little Worried About Tenon Medical's (NASDAQ:TNON) Cash Burn Rate

Is Tenon Medical (NASDAQ:TNON) In A Good Position To Invest In Growth?

Aug 15
Is Tenon Medical (NASDAQ:TNON) In A Good Position To Invest In Growth?

Shareholder Returns

TNONUS Medical EquipmentUS Market
7D13.1%0.007%0.7%
1Y-95.3%-1.0%23.9%

Return vs Industry: TNON underperformed the US Medical Equipment industry which returned -0.6% over the past year.

Return vs Market: TNON underperformed the US Market which returned 24.2% over the past year.

Price Volatility

Is TNON's price volatile compared to industry and market?
TNON volatility
TNON Average Weekly Movement14.8%
Medical Equipment Industry Average Movement7.5%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: TNON's share price has been volatile over the past 3 months.

Volatility Over Time: TNON's weekly volatility has decreased from 24% to 15% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201221Steven Fosterwww.tenonmed.com

Tenon Medical, Inc., a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as transfixes the SI joints. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Gatos, California.

Tenon Medical, Inc. Fundamentals Summary

How do Tenon Medical's earnings and revenue compare to its market cap?
TNON fundamental statistics
Market capUS$3.02m
Earnings (TTM)-US$15.58m
Revenue (TTM)US$2.93m

1.1x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNON income statement (TTM)
RevenueUS$2.93m
Cost of RevenueUS$1.69m
Gross ProfitUS$1.24m
Other ExpensesUS$16.82m
Earnings-US$15.58m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 14, 2024

Earnings per share (EPS)-4.18
Gross Margin42.38%
Net Profit Margin-532.14%
Debt/Equity Ratio150.8%

How did TNON perform over the long term?

See historical performance and comparison
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