0.20 USD
↗ 0.00 (1.30%)LIVE (AS OF 09:51 AM EDT)
Tenon Medical, Inc. Common Stock
TNONNASDAQ • USD
Market: OPEN
Shares of Tenon Medical, Inc. Common Stock (TNON) are trading at $0.20. Technicals currently rate "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 Aug 4, 2026.
Open?$0.19
High?$0.20
Low?$0.19
Prev. Close?$0.19
Volume?244.0K
Avg. Volume?4.9M
VWAP?$0.19
Rel. Volume?0.05x
Bid / Ask
Bid?$0.17 × 100
Ask?$0.20 × 800
Spread?$0.03
Midpoint?$0.18
Valuation & Ratios
Market Cap?3.3M
Shares Out?11.8M
Float?9.5M
Float %?80.1%
P/E Ratio?N/A
P/B Ratio?1.74
EPS?-$0.71
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.
Employees
26
Market Cap
3.3M
Industry
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
Website
Listed
2022-04-27
Address
104 COOPER CT.
LOS GATOS, CA 95032
Phone: (408) 649-5760
LOS GATOS, CA 95032
Phone: (408) 649-5760
Technical OutlookSell
Strong SellNeutralStrong Buy
Long-Term (Tide)?▼ Bearish(-2/3)
Medium-Term (Wave)?– Neutral(0/3)
Short-Term (Ripple)?▲ Bullish(+2/3)
MA Alignment?Bearish Alignment
Full Technical Analysis →Fundamental OutlookNeutral
Strong SellNeutralStrong Buy
F-Score?23
Z-Score?0
Momentum?65
Short Sent.?91
Piotroski F-Score?3/9Weak
Altman Z-Score?-11.87Distress
Confidence?46%Low
Short InterestElevated
Short % of Float?5.07%Elevated
Short Interest?481.2K
Days to Cover?1.0
Free Float9.5M
Avg Daily Volume8.4M
Settlement Date2026-07-15
Financial Health
Current Ratio?1.03Adequate
Quick Ratio?0.92Weak
Cash Ratio?0.62Adequate
Debt/Equity?1.84High
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score100/100
P/E?N/A▾
P/B?1.74CHEAP▾
Peers100
S&P81
P/S?0.72CHEAP▾
Peers100
S&P91
P/FCF?N/A▾
EV/EBITDA?-0.2CHEAP▾
S&P97
EV/Sales?0.47CHEAP▾
Peers100
S&P97
Returns & Efficiency
ROE?-655.2%WEAK▾
S&P3
ROA?-96.7%WEAK▾
S&P3
Cash Flow & Enterprise
FCF?$-12301000
Enterprise Value?$2.2M
Fundamentals ratios updated end of day