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.
52-week price history of TCON Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. TRACON Pharmaceuticals Inc’s current trading price is -76.71% away from its 52-week high, while its distance from the 52-week low is 306.37%. The stock’s price range during this period has spanned from $0.13 to $2.19. In the Healthcare sector, the TRACON Pharmaceuticals Inc’s shares surpassed a trading volume of approximately 6.01 million for the day, which was noticeably higher compared to the average daily volume of 9.2.74 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
TRACON Pharmaceuticals Inc (TCON) has experienced a quarterly rise of 171.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.20M and boasts a workforce of 17 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2069, with a change in price of +0.3342. Similarly, TRACON Pharmaceuticals Inc recorded 4,651,519 in trading volume during the last 100 days, posting a change of +206.55%.
TCON Stock Stochastic Average
Today, TRACON Pharmaceuticals Inc’s raw stochastic average for the past 50 days stands at 59.53%, indicating a rise from the raw stochastic average of the last 20 days, which was 57.98%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 47.68% and 42.21% respectively.
TCON Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 191.26%. However, over the past six months, we’ve seen a weaker performance of 132.77%. The price of TCON fallen by 183.65% over the last 30 days. And in the last five days, it has surged by 36.00%.
