Tenax Therapeutics Stock Today

TENX Stock  USD 4.92  0.07  1.44%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 72

 
High
 
Low
High
Tenax Therapeutics is trading at 4.92 as of the 22nd of November 2024; that is 1.44 percent increase since the beginning of the trading day. The stock's open price was 4.85. Tenax Therapeutics has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Tenax Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2023 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
2nd of January 1997
Category
Healthcare
Classification
Health Care
Tenax Therapeutics, Inc., a specialty pharmaceutical company, engages in identifying, developing, and commercializing products for cardiovascular and pulmonary diseases in the United States and Canada. Tenax Therapeutics, Inc. was founded in 1967 and is headquartered in Morrisville, North Carolina. The company has 3.41 M outstanding shares of which 105.76 K shares are at this time shorted by private and institutional investors with about 1.46 trading days to cover. More on Tenax Therapeutics

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Tenax Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOChristopher Giordano
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Debt Levels
Tenax Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tenax Therapeutics' financial leverage. It provides some insight into what part of Tenax Therapeutics' total assets is financed by creditors.
Liquidity
Tenax Therapeutics currently holds 500.9 K in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Tenax Therapeutics has a current ratio of 5.49, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Tenax Therapeutics' use of debt, we should always consider it together with its cash and equity.

Total Cash From Financing Activities

8.75 Million
Tenax Therapeutics (TENX) is traded on NASDAQ Exchange in USA. It is located in 101 Glen Lennox Drive, Chapel Hill, NC, United States, 27517 and employs 5 people. Tenax Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.53 M. Tenax Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 3.41 M outstanding shares of which 105.76 K shares are at this time shorted by private and institutional investors with about 1.46 trading days to cover. Tenax Therapeutics currently holds about 7.23 M in cash with (5.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29.
Check Tenax Therapeutics Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Tenax Therapeutics is $16.53 Million. 30% of Tenax Therapeutics outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Tenax Ownership Details

Tenax Stock Institutional Holders

InstituionRecorded OnShares
Hanson Mcclain Inc2024-09-30
1.0
Wells Fargo & Co2024-06-30
0.0
Fmr Inc2024-09-30
0.0
Citadel Advisors Llc2024-06-30
0.0
Tucker Asset Management Llc2024-06-30
0.0
Bvf Inc2024-09-30
339.5 K
Vivo Capital, Llc2024-09-30
208.3 K
Dimensional Fund Advisors, Inc.2024-09-30
21 K
Geode Capital Management, Llc2024-06-30
11 K
Qube Research & Technologies2024-06-30
4.4 K
Ubs Group Ag2024-06-30
1.5 K
View Tenax Therapeutics Diagnostics

Tenax Therapeutics Historical Income Statement

At this time, Tenax Therapeutics' Other Operating Expenses is fairly stable compared to the past year. Research Development is likely to rise to about 3.6 M in 2024, whereas Depreciation And Amortization is likely to drop 7,192 in 2024. View More Fundamentals

Tenax Stock Against Markets

Tenax Therapeutics Corporate Management

Doug RandallExecutive VP of Commercial and Bus. OperationsProfile
Eliot CPAInterim OfficerProfile
Nancy HecoxGen AffairsProfile
Esq CPAInterim OfficerProfile

Additional Tools for Tenax Stock Analysis

When running Tenax Therapeutics' price analysis, check to measure Tenax Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenax Therapeutics is operating at the current time. Most of Tenax Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tenax Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenax Therapeutics' price. Additionally, you may evaluate how the addition of Tenax Therapeutics to your portfolios can decrease your overall portfolio volatility.