3.70 USD
↘ 0.34 (8.42%)AT CLOSE (03:59 PM EDT)
Tenon Medical, Inc. Common Stock
TNONNASDAQ • USD
3.62
↘ 0.09 (2.30%)
POST MARKET (AS OF 07:59 PM EDT)
Post Market
AS OF 07:59 PM EDT
3.62
↘ 0.09 (2.30%)
Market: CLOSED
Shares of Tenon Medical, Inc. Common Stock (TNON) are trading at $3.70. The stock presents a bearish profile across the board: technical indicators signal "Sell" and our fundamental models agree with a "Sell" rating. Key drivers include a concerning Altman Z-Score in the distress zone, exceptional Return on Equity (785.8%), 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 Oct 2, 2026.
Open?$4.50
High?$4.65
Low?$3.65
Prev. Close?$4.04
Volume?5.9M
Avg. Volume?11.5M
VWAP?$4.39
Rel. Volume?0.51x
Bid / Ask
Bid?$3.15 × 100
Ask?$4.31 × 100
Spread?$1.16
Midpoint?$3.73
Valuation & Ratios
Market Cap?2.5M
Shares Out?1.0M
Float?534.4K
Float %?80.1%
P/E Ratio?N/A
P/B Ratio?-1.42
EPS?-$20.53
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.
Employees
26
Market Cap
2.5M
Industry
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
Website
Listed
2022-04-27
Address
104 COOPER CT.
LOS GATOS, CA 95032
Phone: (408) 649-5760
LOS GATOS, CA 95032
Phone: (408) 649-5760
Technical OutlookSell
Strong SellNeutralStrong Buy
Long-Term (Tide)?▼ Bearish(-2/3)
Medium-Term (Wave)?▼ Bearish(-1/3)
Short-Term (Ripple)?▲ Bullish(+1/3)
MA Alignment?Bearish Alignment
Full Technical Analysis →Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?23
Z-Score?0
Momentum?23
Short Sent.?25
Piotroski F-Score?3/9Weak
Altman Z-Score?-16.58Distress
Confidence?67%Moderate
Short InterestSqueeze Risk
Short % of Float?100.91%Squeeze Risk
Short Interest?539.3K
Days to Cover?1.0
Free Float534.4K
Avg Daily Volume26.0M
Settlement Date2026-09-15
Financial Health
Current Ratio?0.58Weak
Quick Ratio?0.48Weak
Cash Ratio?0.20Low
Debt/Equity?-2.49Low
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score100/100
P/E?N/A▾
P/B?-1.42CHEAP▾
S&P97
P/S?0.46CHEAP▾
Peers100
S&P97
P/FCF?N/A▾
EV/EBITDA?-0.4CHEAP▾
S&P97
EV/Sales?0.96CHEAP▾
Peers100
S&P92
Returns & Efficiency
ROE?785.8%STRONG▾
Peers50
S&P97
ROA?-138.1%WEAK▾
S&P3
Cash Flow & Enterprise
FCF?$-12825000
Enterprise Value?$5.1M
Fundamentals ratios updated end of day