The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. TRACON Pharmaceuticals Inc.’s current trading price is -88.50% away from its 52-week high, while its distance from the 52-week low is 32.58%. The stock’s price range for this period has been between $0.19 and $2.19 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 3.11 million for the day, a number notably higher than the average daily volume of 0.49 million over the last three months.
The stock price for TRACON Pharmaceuticals Inc. (TCON) currently stands at $0.25. The stock experienced a substantial increase in the last session, hitting $0.27 after starting at $0.23. The stock’s lowest price was $0.23 before closing at $0.25.
In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.
Click here for full details and to join for free
TRACON Pharmaceuticals Inc.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $2.19 on 03/29/23 and a low of $0.19 for the same time frame on 08/17/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
TRACON Pharmaceuticals Inc. (TCON) has experienced a quarterly decline of -48.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.44M and boasts a workforce of 18 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4209, with a change in price of -0.6848. Similarly, TRACON Pharmaceuticals Inc. recorded 390,712 in trading volume during the last 100 days, posting a change of -72.08%.
TCON Stock Stochastic Average
TRACON Pharmaceuticals Inc.’s raw stochastic average for the past 50 days is presently 36.21%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 54.26%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 47.06% and 42.38%, respectively.
TCON Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -83.09%. However, over the past six months, we’ve seen a stronger performance of -83.75%. The price of TCON fallen by 22.88% over the last 30 days. And in the last five days, it has surged by 14.50%.
