0.20 USD
↘ 0.00 (1.39%)PRE MARKET (AS OF 07:50 AM EDT)
Tenon Medical, Inc. Common Stock
TNONNASDAQ • USD
Market: OPEN
Shares of Tenon Medical, Inc. Common Stock (TNON) are trading at $0.20. The stock presents a bearish profile across the board: technical indicators signal "Strong Sell" and our fundamental models agree with a "Sell" rating. 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 Jul 15, 2026.
Open?$0.20
High?$0.21
Low?$0.20
Prev. Close?$0.20
Volume?8.4K
Avg. Volume?14.6M
VWAP?$0.20
Rel. Volume?0.00x
Bid / Ask
Bid?$0.17 × 100
Ask?$0.23 × 100
Spread?$0.06
Midpoint?$0.20
Valuation & Ratios
Market Cap?3.5M
Shares Out?11.8M
Float?9.5M
Float %?80.1%
P/E Ratio?N/A
P/B Ratio?1.83
EPS?-$0.71
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.
Employees
26
Market Cap
3.6M
Industry
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
Website
Listed
2022-04-27
Address
104 COOPER CT.
LOS GATOS, CA 95032
Phone: (408) 649-5760
LOS GATOS, CA 95032
Phone: (408) 649-5760
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)?▼ Bearish(-3/3)
Medium-Term (Wave)?▼ Bearish(-2/3)
Short-Term (Ripple)?▼ Bearish(-1/3)
MA Alignment?Bearish Alignment
Full Technical Analysis →Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?23
Z-Score?0
Momentum?65
Short Sent.?25
Piotroski F-Score?3/9Weak
Altman Z-Score?-11.86Distress
Confidence?52%Low
Short InterestSqueeze Risk
Short % of Float?25.02%Squeeze Risk
Short Interest?2.4M
Days to Cover?1.0
Free Float9.5M
Avg Daily Volume34.6M
Settlement Date2026-06-30
Financial Health
Current Ratio?1.03Adequate
Quick Ratio?0.92Weak
Cash Ratio?0.62Adequate
Debt/Equity?1.84High
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score100/100
P/E?N/A▾
P/B?1.83CHEAP▾
Peers100
S&P79
P/S?0.76CHEAP▾
Peers100
S&P91
P/FCF?N/A▾
EV/EBITDA?-0.2CHEAP▾
S&P97
EV/Sales?0.51CHEAP▾
Peers100
S&P97
Returns & Efficiency
ROE?-655.2%WEAK▾
S&P3
ROA?-96.7%WEAK▾
S&P3
Cash Flow & Enterprise
FCF?$-12301000
Enterprise Value?$2.3M
Fundamentals ratios updated end of day