Free Trial
NASDAQ:TCON

TRACON Pharmaceuticals (TCON) Stock Price, News & Analysis

$0.63
-0.03 (-4.55%)
(As of 07/26/2024 ET)
Today's Range
$0.63
$0.65
50-Day Range
$0.60
$1.52
52-Week Range
$0.60
$14.75
Volume
1,578 shs
Average Volume
171,887 shs
Market Capitalization
$2.15 million
P/E Ratio
0.94
Dividend Yield
N/A
Price Target
$60.00

TRACON Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
9,423.8% Upside
$60.00 Price Target
Short Interest
Bearish
6.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.01 out of 5 stars

TCON stock logo

About TRACON Pharmaceuticals Stock (NASDAQ:TCON)

TRACON Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of novel targeted therapeutics for cancer in the United States. Its clinical stage products include envafolimab (KN035), a PD-L1 single-domain antibody for the treatment of refractory soft tissue sarcoma; and YH001, an investigational humanized cytotoxic T-lymphocyte-associated protein 4 IgG1 monoclonal antibody that is in Phase I clinical trial for the treatment of various cancer indications. The company's clinical stage products also include TRC102, a small molecule that is in Phase II clinical trial for the treatment of mesothelioma, and in Phase I clinical trial to treat solid tumors, lung cancer, and glioblastoma; and TJ004309, a CD73 antibody that is in Phase I clinical development for the treatment of solid tumors. In addition, it is developing bispecific antibodies, which are in preclinical stage. It has collaboration and license agreements with 3D Medicines Co., Ltd. and Jiangsu Alphamab Biopharmaceuticals Co., Ltd. for the development of envafolimab; I-Mab Biopharma for the development of CD73 antibody TJ004309 and bispecific antibodies; and cooperative research and development agreement with National Cancer Institute. The company was formerly known as Lexington Pharmaceuticals, Inc. and changed its name to TRACON Pharmaceuticals, Inc. in March 2005. TRACON Pharmaceuticals, Inc. was incorporated in 2004 and is headquartered in San Diego, California.

TCON Stock Price History

TCON Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Q1 2024 TRACON Pharmaceuticals Inc Earnings Call
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
TRACON Pharmaceuticals Inc
TRACON announces 1-for-20 reverse stock split
TRACON Pharmaceuticals Announces Reverse Stock Split
See More Headlines
Receive TCON Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for TRACON Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/14/2024
Ex-Dividend for 7/8 Dividend
6/27/2024
Dividend Payable
7/08/2024
Today
7/27/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:TCON
Employees
20
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$60.00
High Stock Price Target
$60.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+9,423.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-3,590,000.00
Pretax Margin
13.98%

Debt

Sales & Book Value

Annual Sales
$12.05 million
Cash Flow
$1.70 per share
Book Value
($0.37) per share

Miscellaneous

Free Float
3,155,000
Market Cap
$2.15 million
Optionable
No Data
Beta
1.28
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Key Executives

  • Dr. Charles P. Theuer M.D. (Age 60)
    Ph.D., Chairman, CEO & President
    Comp: $646.6k
  • Mr. Scott B. Brown CPA (Age 43)
    M.S., Chief Financial Officer
    Comp: $403.1k
  • Dr. James L. Freddo M.D. (Age 69)
    Chief Medical Officer
  • Mr. Ya Huang
    Executive Director of Statistical Programming

TCON Stock Analysis - Frequently Asked Questions

How have TCON shares performed this year?

TRACON Pharmaceuticals' stock was trading at $3.5020 at the beginning of 2024. Since then, TCON stock has decreased by 82.0% and is now trading at $0.63.
View the best growth stocks for 2024 here
.

How were TRACON Pharmaceuticals' earnings last quarter?

TRACON Pharmaceuticals, Inc. (NASDAQ:TCON) announced its quarterly earnings data on Tuesday, May, 14th. The biopharmaceutical company reported ($1.33) earnings per share for the quarter, missing the consensus estimate of ($1.20) by $0.13. The biopharmaceutical company had revenue of $0.10 million for the quarter.

When did TRACON Pharmaceuticals' stock split?

TRACON Pharmaceuticals's stock reverse split on the morning of Wednesday, April 10th 2024. The 1-20 reverse split was announced on Wednesday, April 10th 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 10th 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

When did TRACON Pharmaceuticals IPO?

TRACON Pharmaceuticals (TCON) raised $47 million in an initial public offering (IPO) on Friday, January 30th 2015. The company issued 3,600,000 shares at a price of $12.00-$14.00 per share. Wells Fargo Securities and Stifel served as the underwriters for the IPO and Needham & Company and Oppenheimer were co-managers.

How do I buy shares of TRACON Pharmaceuticals?

Shares of TCON 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.

What other stocks do shareholders of TRACON Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TRACON Pharmaceuticals investors own include NVIDIA (NVDA), OPKO Health (OPK), SCYNEXIS (SCYX), Sorrento Therapeutics (SRNE), Verastem (VSTM), Inovio Pharmaceuticals (INO) and T2 Biosystems (TTOO).

This page (NASDAQ:TCON) was last updated on 7/27/2024 by MarketBeat.com Staff

From Our Partners