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Tenon Medical NasdaqCM:TNON Stock Report

Last Price

US$2.53

Market Cap

US$1.3m

7D

-23.3%

1Y

-84.3%

Updated

20 Nov, 2024

Data

Company Financials +

TNON Stock Overview

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. More details

TNON fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
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$2.53
52 Week HighUS$20.00
52 Week LowUS$2.40
Beta2.16
11 Month Change-38.59%
3 Month Change-40.89%
1 Year Change-84.34%
33 Year Changen/a
5 Year Changen/a
Change since IPO-99.86%

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
7D-23.3%-0.4%-1.0%
1Y-84.3%20.3%30.3%

Return vs Industry: TNON underperformed the US Medical Equipment industry which returned 20.9% over the past year.

Return vs Market: TNON underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is TNON's price volatile compared to industry and market?
TNON volatility
TNON Average Weekly Movement32.4%
Medical Equipment Industry Average Movement8.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: TNON's weekly volatility has increased from 21% to 32% over the past year.

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$1.25m
Earnings (TTM)-US$13.72m
Revenue (TTM)US$3.32m

0.4x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNON income statement (TTM)
RevenueUS$3.32m
Cost of RevenueUS$1.40m
Gross ProfitUS$1.92m
Other ExpensesUS$15.64m
Earnings-US$13.72m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-27.77
Gross Margin57.83%
Net Profit Margin-413.88%
Debt/Equity Ratio0%

How did TNON perform over the long term?

See historical performance and comparison