Tenax Therapeutics, Inc.

TENXNASDAQ • USD
1.64 USD
↘ 0.08 (4.65%)AT CLOSE (03:59 PM EDT)
1.66
↗ 0.02 (1.22%)
POST MARKET (AS OF 07:59 PM EDT)
Post Market
AS OF 07:59 PM EDT
1.66
↗ 0.02 (1.22%)
🔴Market: CLOSED

TENX is currently priced at $1.65. Technical and fundamental signals converge bearish — technicals rate "Strong Sell" while fundamentals read "Sell". Key drivers include a concerning Altman Z-Score in the distress zone, a weak Piotroski F-Score of 0/9, negative Return on Equity, a bearish Death Cross on the long-term moving averages and bearish long-term moving average alignment. On the valuation side, TENX appears attractively valued relative to sector peers across key multiples.

Technical & fundamental data as of Oct 26, 2026.

Open?$1.72
High?$1.74
Low?$1.62
Prev. Close?$1.72
Volume?1.3M
Avg. Volume?2.5M
VWAP?$1.66
Rel. Volume?0.50x
Bid / Ask
Bid?$1.39 × 100
Ask?$1.93 × 100
Spread?$0.54
Midpoint?$1.66
Valuation & Ratios
Market Cap?64.4M
Shares Out?37.4M
Float?35.4M
Float %?94.7%
P/E Ratio?N/A
P/B Ratio?0.57
EPS?-$1.73
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Tenax Therapeutics Inc is a phase three, development-stage pharmaceutical company focused on identifying and developing therapeutics that address cardiovascular and pulmonary diseases with high unmet medical need, with an initial therapeutic focus on pulmonary hypertension. Its drug development pipeline comprises: Levosimendan, a novel, first-in-class K-ATP activator and calcium sensitizer developed for intravenous use in hospitalized patients with acutely decompensated heart failure; and Imatinib, as a potential therapy for pulmonary arterial hypertension. The company is currently conducting clinical trials only for levosimendan as its prioritized product candidate to evaluate its potential to help patients with pulmonary hypertension.
Employees
16
Market Cap
64.4M
Industry
PHARMACEUTICAL PREPARATIONS
Listed
1995-02-01
Address
101 GLEN LENNOX DRIVE
CHAPEL HILL, NC 27517
Phone: 919-855-2100
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)?▼ Bearish(-2/3)
Medium-Term (Wave)?▼ Bearish(-1/3)
Short-Term (Ripple)?▼ Bearish(-3/3)
MA Alignment?Bearish Alignment
Full Technical Analysis →
Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?
3
Z-Score?
1
Momentum?
50
Short Sent.?
31
Piotroski F-Score?0/9Weak
Altman Z-Score?-0.57Distress
Confidence?55%Low
Full Fundamental Analysis →
Short InterestSqueeze Risk
Short % of Float?20.40%Squeeze Risk
Short Interest?7.2M
Days to Cover?3.2
Free Float35.4M
Avg Daily Volume2.2M
Settlement Date2026-10-15
Financial Health
Current Ratio?15.07Strong
Quick Ratio?15.07Strong
Cash Ratio?14.61Strong
Debt/Equity?0.00Low
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score
100/100
P/E?
N/A▾
P/B?
Peers
100
S&P
97
0.57CHEAP▾
P/S?
N/A▾
P/FCF?
N/A▾
EV/EBITDA?
Peers
100
S&P
97
0.8CHEAP▾
EV/Sales?
N/A▾
Returns & Efficiency
ROE?
S&P
3
-57.1%WEAK▾
ROA?
S&P
3
-53.3%WEAK▾
Cash Flow & Enterprise
FCF?$-46029000
Enterprise Value?$-53606863
Fundamentals ratios updated end of day