Tenon Medical, Inc. Common Stock

TNONNASDAQUSD
0.63 USD
0.00 (0.47%)🟢LIVE (AS OF 11:28 AM EDT)
🟢Market: OPEN
Open?$0.64
High?$0.64
Low?$0.63
Prev. Close?$0.64
Volume?15.1K
Avg. Volume?73.6K
VWAP?$0.63
Rel. Volume?0.20x
Bid / Ask
Bid?$0.63 × 1.9K
Ask?$0.72 × 100
Spread?$0.09
Midpoint?$0.67
Valuation & Ratios
Market Cap?7.4M
Shares Out?11.6M
Float?9.7M
Float %?87.2%
P/E Ratio?N/A
P/B Ratio?3.91
EPS?-$1.07
Dividend?0.00%
Ex-Dividend?N/A

Shares of Tenon Medical, Inc. Common Stock (TNON) are trading at $0.63. Technicals currently rate "Strong Sell" while our fundamental analysis reads "Neutral". Key drivers include a concerning Altman Z-Score in the distress zone, 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, TNON appears attractively valued relative to sector peers across key multiples.

Technical & fundamental data as of Jun 5, 2026.

News
Profile
Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.
Employees
26
Market Cap
7.3M
Industry
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
Listed
2022-04-27
Address
104 COOPER CT.
LOS GATOS, CA 95032
Phone: (408) 649-5760
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)? Bearish(-3/3)
Medium-Term (Wave)? Bearish(-3/3)
Short-Term (Ripple)? Bearish(-1/3)
MA Alignment?Bearish Alignment
Full Technical Analysis →
Fundamental OutlookNeutral
Strong SellNeutralStrong Buy
F-Score?
23
Z-Score?
0
Momentum?
65
Short Sent.?
89
Piotroski F-Score?3/9Weak
Altman Z-Score?-11.65Distress
Confidence?46%Low
Full Fundamental Analysis →
Short InterestLow
Short % of Float?1.82%Low
Short Interest?176.6K
Days to Cover?1.8
Free Float9.7M
Avg Daily Volume101.0K
Settlement Date2026-05-15
Financial Health
Current Ratio?1.03Adequate
Quick Ratio?0.92Weak
Cash Ratio?0.62Adequate
Debt/Equity?1.84High
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score
92/100
P/E?
N/A
P/B?
Peers
100
S&P
45
3.91FAIR
P/S?
Peers
100
S&P
76
1.61CHEAP
P/FCF?
N/A
EV/EBITDA?
S&P
97
-0.5CHEAP
EV/Sales?
Peers
100
S&P
86
1.37CHEAP
Returns & Efficiency
ROE?
S&P
3
-655.2%WEAK
ROA?
S&P
3
-96.7%WEAK
Cash Flow & Enterprise
FCF?$-12301000
Enterprise Value?$6.3M
Fundamentals ratios updated end of day