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 -82.88% away from its 52-week high, while its distance from the 52-week low is 198.80%. The stock’s price range for this period has been between $0.13 and $2.19 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 6.54 million for the day, a number notably higher than the average daily volume of 2.94 million over the last three months.
TRACON Pharmaceuticals Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $2.19 on 03/29/23, while the lowest price for the same period was registered at $0.13 on 10/10/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
TRACON Pharmaceuticals Inc (TCON) has experienced a quarterly rise of 117.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.06M and boasts a workforce of 17 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1947, with a change in price of +0.2182. Similarly, TRACON Pharmaceuticals Inc recorded 4,360,881 in trading volume during the last 100 days, posting a change of +139.16%.
TCON Stock Stochastic Average
TRACON Pharmaceuticals Inc’s raw stochastic average for the past 50 days is presently 39.24%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 37.43%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 55.77% and 74.03%, respectively.
TCON Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 114.16% this year. Over the last six months, there has been a weaker performance of 53.31%. The price of TCON fallen by 97.37% during the last 30 days period. For the last 5-days stocks have improved 51.82%.
