The stock market performance of TRACON Pharmaceuticals Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $2.19 on 03/29/23, while the lowest price during the same time frame was $0.13, recorded on 10/10/23.
52-week price history of TCON Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. TRACON Pharmaceuticals Inc’s current trading price is -86.76% away from its 52-week high, while its distance from the 52-week low is 131.08%. The stock’s price range for this period has remained between $0.13 and $2.19. The Healthcare sector company’s shares managed to surpass a trading volume of around 7.22 million for the day, which was noticeably higher compared to the shares’ average daily volume of 1.82 million over the last three months.
Financial Performance and Market Capitalization
TRACON Pharmaceuticals Inc (TCON) has experienced a quarterly rise of 45.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.19M and boasts a workforce of 17 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1828, with a change in price of +0.1339. Similarly, TRACON Pharmaceuticals Inc recorded 3,654,495 in trading volume during the last 100 days, posting a change of +85.78%.
TCON Stock Stochastic Average
As of today, the raw stochastic average of TRACON Pharmaceuticals Inc over the last 50 days is at 100.00%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 100.00%. Further, the company’s Stochastic %K and %D values for the last 20 days were 92.75% and 86.70%, respectively.
TCON Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a gain of 65.62%.However, over the last six months, we can see a weaker performance of 23.77%. Over the last 30 days, the price of TCON has fallen by 48.19%. And in the last five days, it has surged by 53.85%.
