Tenon Medical (TNON) Expected to Announce Quarterly Earnings on Monday

Tenon Medical (NASDAQ:TNON) is expected to be announcing its earnings results before the market opens on Monday, March 10th. Analysts expect the company to announce earnings of ($3.77) per share and revenue of $0.90 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Tenon Medical Trading Down 4.4 %

Shares of Tenon Medical stock opened at $1.30 on Friday. The company has a market capitalization of $4.08 million, a PE ratio of -0.05 and a beta of 1.89. Tenon Medical has a 12 month low of $1.13 and a 12 month high of $15.79. The stock’s fifty day simple moving average is $1.62 and its 200 day simple moving average is $2.50.

Wall Street Analysts Forecast Growth

Separately, Maxim Group dropped their price objective on 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.