Tenon Medical (TNON) Expected to Announce Earnings on Thursday

Tenon Medical (NASDAQ:TNON) is anticipated to release its earnings data before the market opens on Thursday, March 20th. Analysts expect Tenon Medical to post earnings of ($3.77) per share and revenue of $0.90 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Tenon Medical Trading Down 26.5 %

NASDAQ:TNON opened at $1.11 on Thursday. The stock has a market capitalization of $3.48 million, a price-to-earnings ratio of -0.04 and a beta of 1.89. The firm has a fifty day simple moving average of $1.59 and a two-hundred day simple moving average of $2.52. Tenon Medical has a 12 month low of $1.07 and a 12 month high of $15.79.

Wall Street Analysts Forecast Growth

Separately, Maxim Group dropped their price objective on shares of Tenon Medical from $22.00 to $8.00 and set a “buy” rating on the stock in a research note on Friday, November 15th.

Tenon Medical Company Profile

Tenon Medical, Inc, a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as transfixes the SI joints.