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Tenon Medical, Inc. (TNON)

NASDAQ Healthcare Medical - Devices
$3.13 ▲ +5.74%
Market Cap
$1.6M
Sector
Healthcare
Industry
Medical - Devices
Beta
1.36
52-Wk Range
2.4-50.4
CEO
Steven Foster
Country
US
Currency
USD

Tenon Medical, Inc. operates in the Medical - Devices industry of the Healthcare sector, headquartered in Los Gatos, CA, US. The stock last traded at $3.13, up 5.74% on the session, giving a market capitalisation of $1.6M. On trailing twelve-month figures it carries a trailing P/E of -0.07, a net margin of -256.3%. Its beta of 1.36 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-0.07
Price / Sales
0.29
Price / Book
-0.59
EV / EBITDA
-0.44
Gross margin
66.3%
Operating margin
-242.5%
Net margin
-256.3%
Return on equity
—
Debt / equity
-3.26
Current ratio
0.58
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ
Employees
26
IPO date
2022-04-27
Headquarters
Los Gatos, CA, US
About Tenon Medical, Inc.

Tenon Medical, Inc., a medical device company, engages in the development of implant for the treatment of severe lower back pain in the United States. The company offers Catamaran SI-Joint Fusion System, an invasive approach to the sacroiliac joint (SI Joint) using a titanium implant for treatment of the most common types of SI Joint disorders that cause lower back pain. It also provides Catamaran Fixation Device which passes through both the axial and sagittal planes of the ilium and sacrum, transfixing the SI Joint along its longitudinal axis. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Gatos, California.

Comparable companies

Tenon Medical, Inc. is most often compared with the following Healthcare names:

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