2.20 USD
↘ 0.04 (1.79%)AT CLOSE (03:59 PM EDT)
Tenon Medical, Inc. Common Stock
TNONNASDAQ • USD
2.22
↗ 0.02 (0.68%)
POST MARKET (AS OF 07:57 PM EDT)
Post Market
AS OF 07:57 PM EDT
2.22
↗ 0.02 (0.68%)
Market: CLOSED
Shares of Tenon Medical, Inc. Common Stock (TNON) are trading at $2.20. 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 Oct 23, 2026.
Open?$2.27
High?$2.27
Low?$2.17
Prev. Close?$2.24
Volume?80.1K
Avg. Volume?3.0M
VWAP?$2.23
Rel. Volume?0.03x
Bid / Ask
Bid?$1.84 × 100
Ask?$2.67 × 100
Spread?$0.83
Midpoint?$2.26
Valuation & Ratios
Market Cap?1.5M
Shares Out?N/A
Float?534.4K
Float %?80.1%
P/E Ratio?N/A
P/B Ratio?-0.84
EPS?-$20.53
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.
Employees
26
Market Cap
1.5M
Industry
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
Website
Listed
2022-04-27
Address
104 COOPER CT.
LOS GATOS, CA 95032
Phone: (408) 649-5760
LOS GATOS, CA 95032
Phone: (408) 649-5760
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)?▼ Bearish(-3/3)
Medium-Term (Wave)?▼ Bearish(-3/3)
Short-Term (Ripple)?▼ Bearish(-3/3)
MA Alignment?Bearish Alignment
Full Technical Analysis →Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?23
Z-Score?0
Momentum?23
Short Sent.?83
Piotroski F-Score?3/9Weak
Altman Z-Score?-16.63Distress
Confidence?46%Low
Short InterestHigh
Short % of Float?11.37%High
Short Interest?60.8K
Days to Cover?1.0
Free Float534.4K
Avg Daily Volume5.5M
Settlement Date2026-09-30
Financial Health
Current Ratio?0.58Weak
Quick Ratio?0.48Weak
Cash Ratio?0.20Low
Debt/Equity?-2.49Low
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score100/100
P/E?N/A▾
P/B?-0.84CHEAP▾
S&P97
P/S?0.28CHEAP▾
Peers100
S&P97
P/FCF?N/A▾
EV/EBITDA?-0.3CHEAP▾
S&P97
EV/Sales?0.78CHEAP▾
Peers100
S&P94
Returns & Efficiency
ROE?785.8%STRONG▾
Peers50
S&P97
ROA?-138.1%WEAK▾
S&P3
Cash Flow & Enterprise
FCF?$-12825000
Enterprise Value?$4.1M
Fundamentals ratios updated end of day