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The price of Tenon Medical Inc (NASDAQ: TNON) closed at $2.42 in the last session, down -35.47% from day before closing price of $3.75. In other words, the price has decreased by -$35.47 from its previous closing price. On the day, 18.03 million shares were traded. TNON stock price reached its highest trading level at $3.2 during the session, while it also had its lowest trading level at $2.36.
Ratios:
We take a closer look at TNON’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.07 and its Current Ratio is at 4.39. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.02.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TNON now has a Market Capitalization of 11762217 and an Enterprise Value of 5240905. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 3.42. Its current Enterprise Value per Revenue stands at 1.599 whereas that against EBITDA is -0.392.
Stock Price History:
The Beta on a monthly basis for TNON is 0.80, which has changed by -0.4791667 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, TNON has reached a high of $15.79, while it has fallen to a 52-week low of $0.91. The 50-Day Moving Average of the stock is 61.65%, while the 200-Day Moving Average is calculated to be -26.46%.
Shares Statistics:
According to the various share statistics, TNON traded on average about 6.10M shares per day over the past 3-months and 31301260 shares per day over the past 10 days. A total of 3.14M shares are outstanding, with a floating share count of 3.14M. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.76% stake in the company. Shares short for TNON as of 1741910400 were 518514 with a Short Ratio of 0.09, compared to 1739491200 on 172771. Therefore, it implies a Short% of Shares Outstanding of 518514 and a Short% of Float of 16.89.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current rating of Tenon Medical Inc (TNON) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is -$1.06, with high estimates of -$1.06 and low estimates of -$1.06.
Analysts are recommending an EPS of between -$21.53 and -$21.53 for the fiscal current year, implying an average EPS of -$21.53. EPS for the following year is -$3.38, with 1.0 analysts recommending between -$3.38 and -$3.38.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $901k. It ranges from a high estimate of $901k to a low estimate of $901k. As of the current estimate, Tenon Medical Inc’s year-ago sales were $808kFor the next quarter, 1 analysts are estimating revenue of $756k. There is a high estimate of $756k for the next quarter, whereas the lowest estimate is $756k.
A total of 1 analysts have provided revenue estimates for TNON’s current fiscal year. The highest revenue estimate was $3.41M, while the lowest revenue estimate was $3.41M, resulting in an average revenue estimate of $3.41M. In the same quarter a year ago, actual revenue was $2.93MBased on 1 analysts’ estimates, the company’s revenue will be $5.02M in the next fiscal year. The high estimate is $5.02M and the low estimate is $5.02M.
