5.64 USD
↘ 0.29 (4.84%)LIVE (AS OF 01:42 PM EDT)
Tenon Medical, Inc. Common Stock
TNONNASDAQ • USD
Market: OPEN
Shares of Tenon Medical, Inc. Common Stock (TNON) are trading at $5.64. The stock presents a mixed profile: our models indicate a Buy for technical indicators, while underlying fundamentals flash a Sell. Key drivers include a concerning Altman Z-Score in the distress zone, exceptional Return on Equity (785.8%) and a bearish Death Cross on the long-term moving averages. On the valuation side, TNON appears attractively valued relative to sector peers across key multiples.
Technical & fundamental data as of Sep 11, 2026.
Open?$5.57
High?$6.31
Low?$5.13
Prev. Close?$5.93
Volume?4.3M
Avg. Volume?11.3M
VWAP?$5.69
Rel. Volume?0.38x
Bid / Ask
Bid?$4.95 × 100
Ask?$6.50 × 100
Spread?$1.55
Midpoint?$5.73
Valuation & Ratios
Market Cap?4.0M
Shares Out?1.0M
Float?534.4K
Float %?80.1%
P/E Ratio?N/A
P/B Ratio?-2.27
EPS?-$20.53
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.
Employees
26
Market Cap
4.0M
Industry
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
Website
Listed
2022-04-27
Address
104 COOPER CT.
LOS GATOS, CA 95032
Phone: (408) 649-5760
LOS GATOS, CA 95032
Phone: (408) 649-5760
Technical OutlookBuy
Strong SellNeutralStrong Buy
Long-Term (Tide)?– Neutral(0/3)
Medium-Term (Wave)?▲ Bullish(+1/3)
Short-Term (Ripple)?▲ Bullish(+3/3)
MA Alignment?Mixed
Full Technical Analysis →Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?23
Z-Score?0
Momentum?23
Short Sent.?34
Piotroski F-Score?3/9Weak
Altman Z-Score?-16.51Distress
Confidence?64%Moderate
Short InterestSqueeze Risk
Short % of Float?24.34%Squeeze Risk
Short Interest?130.1K
Days to Cover?1.0
Free Float534.4K
Avg Daily Volume6.4M
Settlement Date2026-08-31
Financial Health
Current Ratio?0.58Weak
Quick Ratio?0.48Weak
Cash Ratio?0.20Low
Debt/Equity?-2.49Low
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score100/100
P/E?N/A▾
P/B?-2.27CHEAP▾
S&P97
P/S?0.74CHEAP▾
Peers100
S&P91
P/FCF?N/A▾
EV/EBITDA?-0.5CHEAP▾
S&P97
EV/Sales?1.24CHEAP▾
Peers100
S&P88
Returns & Efficiency
ROE?785.8%STRONG▾
Peers50
S&P97
ROA?-138.1%WEAK▾
S&P3
Cash Flow & Enterprise
FCF?$-12825000
Enterprise Value?$6.6M
Fundamentals ratios updated end of day