Currently, there are 3.14M common shares owned by the public and among those 3.14M shares have been available to trade.
The company’s stock has a 5-day price change of 19.84% and -31.67% over the past three months. TNON shares are trading -19.68% year to date (YTD), with the 12-month market performance down to -85.59% lower. It has a 12-month low price of $1.13 and touched a high of $15.79 over the same period. TNON has an average intraday trading volume of 180.58K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 9.38%, -6.14%, and -57.17% respectively.
Institutional ownership of Tenon Medical Inc (NASDAQ: TNON) shares accounts for 2.76% of the company’s 3.14M shares outstanding.
It has a market capitalization of $4.74M and a beta (3y monthly) value of 1.73. The earnings-per-share (ttm) stands at -$31.46. Price movements for the stock have been influenced by the stock’s volatility, which stands at 11.79% over the week and 9.63% over the month.
Analysts forecast that Tenon Medical Inc (TNON) will achieve an EPS of -3.77 for the current quarter, -4.16 for the next quarter and -10.55 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -3.77 while analysts give the company a high EPS estimate of -3.77. Comparatively, EPS for the current quarter was -5.44 a year ago. Earnings per share for the fiscal year are expected to increase by 68.67%, and 51.00% over the next financial year. EPS should grow at an annualized rate of 54.23% over the next five years, compared to -108.61% over the past 5-year period.
