NASDAQ:TENX

Tenax Therapeutics (TENX) Stock Price, News & Analysis

$3.56
+0.06 (+1.71%)
(As of 04/24/2024 ET)
Today's Range
$3.48
$3.63
50-Day Range
$3.53
$5.01
52-Week Range
$3.48
$61.20
Volume
7,881 shs
Average Volume
284,180 shs
Market Capitalization
$6.98 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$480.00

Tenax Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
13,383.1% Upside
$480.00 Price Target
Short Interest
Healthy
2.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($7.43) to ($3.63) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.39 out of 5 stars

TENX stock logo

About Tenax Therapeutics Stock (NASDAQ:TENX)

Tenax Therapeutics, Inc. develops and commercializes pharmaceutical products containing imatinib for the treatment of pulmonary arterial hypertension. It develops TNX-101 (IV), TNX-102, and TNX-103 (levosimendan) that have completed phase II clinical trials for the treatment of patients with pulmonary hypertension associated with heart failure with preserved ejection fraction and associated pulmonary hypertension; and TNX-201 (imatinib), a tyrosine kinase inhibitor for the treatment of chronic myeloid leukemia. The company was formerly known as Oxygen Biotherapeutics, Inc. and changed its name to Tenax Therapeutics, Inc. in September 2014. Tenax Therapeutics, Inc. was founded in 1967 and is based in Chapel Hill, North Carolina.

TENX Stock Price History

TENX Stock News Headlines

TENX: 2023 Financial Results
Just Released: Insider's Secret to Trading Options
This Surprisingly Simple Formula Can Double Your Money Collecting Consistent Profits From The Stock Market Is More Accessible Than You Think A small group of individuals are using a legitimate yet rarely discussed strategy to generate income from the stock market. They're NOT day traders. And they're NOT Wall Street suits either. I'm talking about normal "working stiffs" and retirees generating steady income from a source that 99% of investors completely overlook. This overlooked income source can be yours today.
Tenax Therapeutics: Q4 Earnings Insights
Former public company CEO now leads RTP firm
Just Released: Insider's Secret to Trading Options
This Surprisingly Simple Formula Can Double Your Money Collecting Consistent Profits From The Stock Market Is More Accessible Than You Think A small group of individuals are using a legitimate yet rarely discussed strategy to generate income from the stock market. They're NOT day traders. And they're NOT Wall Street suits either. I'm talking about normal "working stiffs" and retirees generating steady income from a source that 99% of investors completely overlook. This overlooked income source can be yours today.
TENX: First Patient Enrolled
Why Is Tenax Therapeutics (TENX) Stock Down 64% Today?
See More Headlines
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Company Calendar

Last Earnings
11/16/2021
Today
4/24/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:TENX
Employees
5
Year Founded
1967

Price Target and Rating

Average Stock Price Target
$480.00
High Stock Price Target
$480.00
Low Stock Price Target
$480.00
Potential Upside/Downside
+13,383.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-7,710,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$27.15 per share

Miscellaneous

Free Float
1,922,000
Market Cap
$6.98 million
Optionable
Not Optionable
Beta
2.25

Social Links

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Key Executives

  • Mr. Christopher T. Giordano (Age 49)
    CEO, President & Director
    Comp: $644.77k
  • Dr. Stuart Rich M.D. (Age 74)
    Chief Medical Officer & Director
    Comp: $481.22k
  • Mr. Lawrence R. Hoffman CPA (Age 69)
    Esq., Interim Chief Financial Officer
  • Mr. Doug Randall
    Executive Vice President of Commercial & Business Operations
  • Dr. Douglas Hay
    Senior Vice President of Regulatory Affairs

TENX Stock Analysis - Frequently Asked Questions

Should I buy or sell Tenax Therapeutics stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenax Therapeutics in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TENX shares.
View TENX analyst ratings
or view top-rated stocks.

What is Tenax Therapeutics' stock price target for 2024?

1 brokerages have issued 1 year price objectives for Tenax Therapeutics' shares. Their TENX share price targets range from $480.00 to $480.00. On average, they anticipate the company's stock price to reach $480.00 in the next year. This suggests a possible upside of 13,383.1% from the stock's current price.
View analysts price targets for TENX
or view top-rated stocks among Wall Street analysts.

How have TENX shares performed in 2024?

Tenax Therapeutics' stock was trading at $21.9680 at the beginning of 2024. Since then, TENX stock has decreased by 83.8% and is now trading at $3.56.
View the best growth stocks for 2024 here
.

Are investors shorting Tenax Therapeutics?

Tenax Therapeutics saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 49,000 shares, an increase of 33.5% from the March 15th total of 36,700 shares. Based on an average trading volume of 340,200 shares, the short-interest ratio is currently 0.1 days. Currently, 2.6% of the shares of the company are sold short.
View Tenax Therapeutics' Short Interest
.

When is Tenax Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our TENX earnings forecast
.

How were Tenax Therapeutics' earnings last quarter?

Tenax Therapeutics, Inc. (NASDAQ:TENX) released its quarterly earnings data on Tuesday, November, 16th. The specialty pharmaceutical company reported ($240.00) EPS for the quarter, missing the consensus estimate of ($208.00) by $32.00.

When did Tenax Therapeutics' stock split?

Tenax Therapeutics's stock reverse split on Wednesday, January 3rd 2024. The 1-80 reverse split was announced on Wednesday, January 3rd 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, January 3rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

What other stocks do shareholders of Tenax Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tenax Therapeutics investors own include Sorrento Therapeutics (SRNE), AcelRx Pharmaceuticals (ACRX), Inovio Pharmaceuticals (INO), Idera Pharmaceuticals (IDRA), NVIDIA (NVDA), SCYNEXIS (SCYX), Verastem (VSTM), Bank of Hawaii (BOH), Gilead Sciences (GILD) and AVEO Pharmaceuticals (AVEO).

How do I buy shares of Tenax Therapeutics?

Shares of TENX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TENX) was last updated on 4/25/2024 by MarketBeat.com Staff

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