6.20 USD
↘ 0.11 (1.74%)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 $6.20. 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, 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 Aug 24, 2026.
Open?$6.30
High?$6.30
Low?$6.08
Prev. Close?$6.31
Volume?33.2K
Avg. Volume?2.9M
VWAP?$6.18
Rel. Volume?0.01x
Bid / Ask
Bid?$5.24 × 100
Ask?$7.05 × 100
Spread?$1.81
Midpoint?$6.15
Valuation & Ratios
Market Cap?4.2M
Shares Out?667.0K
Float?9.5M
Float %?80.1%
P/E Ratio?N/A
P/B Ratio?-2.41
EPS?-$20.53
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.
Employees
26
Market Cap
4.6M
Industry
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
Website
Listed
2022-04-27
Address
104 COOPER CT.
LOS GATOS, CA 95032
Phone: (408) 649-5760
LOS GATOS, CA 95032
Phone: (408) 649-5760
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)?▼ Bearish(-2/3)
Medium-Term (Wave)?▼ Bearish(-1/3)
Short-Term (Ripple)?▼ Bearish(-3/3)
MA Alignment?Bearish Alignment
Full Technical Analysis →Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?23
Z-Score?0
Momentum?23
Short Sent.?80
Piotroski F-Score?3/9Weak
Altman Z-Score?-16.49Distress
Confidence?46%Low
Short InterestLow
Short % of Float?2.35%Low
Short Interest?223.4K
Days to Cover?1.0
Free Float9.5M
Avg Daily Volume384.9K
Settlement Date2026-07-31
Financial Health
Current Ratio?0.58Weak
Quick Ratio?0.48Weak
Cash Ratio?0.20Low
Debt/Equity?-2.49Low
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score100/100
P/E?N/A▾
P/B?-2.41CHEAP▾
S&P97
P/S?0.79CHEAP▾
Peers100
S&P90
P/FCF?N/A▾
EV/EBITDA?-0.6CHEAP▾
S&P97
EV/Sales?1.29CHEAP▾
Peers100
S&P87
Returns & Efficiency
ROE?785.8%STRONG▾
Peers50
S&P97
ROA?-138.1%WEAK▾
S&P3
Cash Flow & Enterprise
FCF?$-12825000
Enterprise Value?$6.9M
Fundamentals ratios updated end of day