How to Buy Tenon Medical Stock
Tenon Medical Inc
Tenon Medical, Inc. , a medical device company, develops surgical implant systems to optimize sacroiliac joint fixation/fusion surgery and corresponding outcomes.
Tenon Medical stock last closed at $1.46, up 1.39% from the previous day, and has decreased 83.56% in one year. It has underperformed other stocks in the Medical Devices industry by 0.77 percentage points. Tenon Medical stock is currently +8.15% from its 52-week low of $1.35, and -90.75% from its 52-week high of $15.79.
As of Feb 13, 2025, there are 3.14M TNON shares outstanding. The market capitalization of TNON is $4.58M. In the last 24 hours, 55,053 TNON shares were traded.
How to Buy Tenon Medical Stock
Not sure how to invest in Tenon Medical stock? Here's how.
- Choose where to buy Tenon Medical stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Tenon Medical stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your payment method and add your info.
- Evaluate Tenon Medical stock: The Tenon Medical ticker symbol is TNON. Is Tenon Medical stock a good investment? Should you buy shares of TNON? How do TNON's underlying business fundamentals look? Do top analysts think Tenon Medical is a good buy? Why has TNON's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if TNON is a good stock to buy).
- Make your TNON trade: Decide if you will purchase TNON shares at the current market price or use a limit order to purchase TNON shares at a given price.
- Track your TNON position: Create a watchlist to track your investment in Tenon Medical shares.
Step 1: Choose where to buy Tenon Medical stock
You need a brokerage account to access the NASDAQ market and buy TNON stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you are able to invest in TNON today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create a new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have created your account on one of the most highly reviewed stock apps, you can securely and quickly fund your account:
Watch the tutorial below to see the process of transferring money into your investment account.
Step 4: Evaluate Tenon Medical stock
Once you have decided on the best place to buy Tenon Medical stock, it's absolutely critical to analyze their stock before you invest, so you can wrap your head around the risk as well as the upside.
Tenon Medical Numbers
Tenon Medical Due Diligence Checks
WallStreetZen was designed to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TNON's stock page.
What is the fair value of TNON stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TNON's fair value.
Using relative valuations measures:
- TNON could be undervalued based on its P/B ratio of 0.56x, relative to Medical Devices industry P/B ratio of 4.36x
You can do additional valuation analysis on TNON's stock here.
TNON Financial Health Overview
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the TNON balance sheet.
- There are more short-term assets than short-term liabilities on the TNON balance sheet.
Negative Health Checks:
- TNON has $9.21M in cash and short term investments. This is not sufficient to cover its annual cash burn of $9.69M.
- TNON profit margin has gone up by 4.35 percentage points in the past year, but the company is still unprofitable.
- TNON has a relatively high debt to equity ratio of 0.59.
- TNON has cash burn of 9694000. It does not have sufficient cash and short-term investments to cover this.
Is it a good time to buy TNON stock, according to analysts?
Out of 2 sell side analysts who give ratings on TNON, the consensus analyst rating on TNON is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Tenon Medical stock forecast page.
TNON Trading Indicators
TNON Earnings
Last year, TNON revenue was $3.32M. In the last 2 year, TNON's revenue has grown by 166.43% per year. This was faster than the Medical Devices industry average of 9.97%.
You can research TNON's earnings and revenue performance here.
Who is buying/selling TNON?
Over the last 12 months, insiders at TNON have not bought or sold any shares.
Learn more about who owns TNON shares here.
Does TNON provide a stable income stream?
No, Tenon Medical doesn't provide an income stream by paying out dividends.
What others are saying about TNON
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your TNON trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you need additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Track your TNON position
Now that you own some TNON shares, you'll want to stay up-to-date on your new investment.
Put TNON on a watchlist to get notified of the latest news about your TNON stock.
TNON Feed
How to Buy Stock in Tenon Medical
To summarize, here are the 6 steps you need to take to buy Tenon Medical stock right now:
- Choose where to buy Tenon Medical stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Evaluate Tenon Medical stock
- Make your TNON trade
- Track your TNON position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Tenon Medical, click the button below.
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