The stock of Tenon Medical Inc (TNON) has seen a 115.72% increase in the past week, with a 57.46% gain in the past month, and a 19.89% flourish in the past quarter. The volatility ratio for the week is 40.99%, and the volatility levels for the past 30 days are at 18.23% for TNON. The simple moving average for the past 20 days is 35.28% for TNON’s stock, with a -35.08% simple moving average for the past 200 days.
Is It Worth Investing in Tenon Medical Inc (NASDAQ: TNON) Right Now?
Moreover, the 36-month beta value for TNON is 0.86. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TNON is 6.20M and currently, short sellers hold a 8.36% of that float. On April 01, 2025, TNON’s average trading volume was 7.05M shares.
TNON) stock’s latest price update
Tenon Medical Inc (NASDAQ: TNON)’s stock price has gone decline by -14.57 in comparison to its previous close of 2.47, however, the company has experienced a 115.72% increase in its stock price over the last five trading days. accessnewswire.com reported 2025-03-25 that LOS GATOS, CA / ACCESS Newswire / March 25, 2025 / Tenon Medical, Inc. (NASDAQ:TNON) (“Tenon” or the “Company”), a company transforming care for patients suffering with certain sacroiliac joint (SI Joint) disorders, today announced it has entered into a securities purchase agreement with a single healthcare focused institutional investor for the issuance and sale of 1,271,500 shares of its common stock (or common stock equivalents in lieu thereof) in a registered direct offering priced at-the-market under Nasdaq rules at a purchase price of $2.00. In a concurrent private placement (the “Private Placement” and together with the registered offering, the “Offerings”), the Company also agreed to issue to the same investor warrants to purchase up to 1,271,500 shares of its common stock (the “Common Warrants”).
TNON Trading at 36.85% from the 50-Day Moving Average
After a stumble in the market that brought TNON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.64% of loss for the given period.
Volatility was left at 18.23%, however, over the last 30 days, the volatility rate increased by 40.99%, as shares surge +67.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.54% upper at present.
During the last 5 trading sessions, TNON rose by +115.72%, which changed the moving average for the period of 200-days by -60.04% in comparison to the 20-day moving average, which settled at $1.56. In addition, Tenon Medical Inc saw 12.23% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TNON
Current profitability levels for the company are sitting at:
- -4.14 for the present operating margin
- 0.48 for the gross margin
The net margin for Tenon Medical Inc stands at -4.14. The total capital return value is set at -1.39. Equity return is now at value -405.19, with -168.93 for asset returns.
Based on Tenon Medical Inc (TNON), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -18.95. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -403.94.
Currently, EBITDA for the company is -13.77 million with net debt to EBITDA at 0.66. When we switch over and look at the enterprise to sales, we see a ratio of 1.33. The receivables turnover for the company is 3.78for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.39.
Conclusion
To wrap up, the performance of Tenon Medical Inc (TNON) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
