NASDAQ:TCON - TRACON Pharmaceuticals Stock Price, News, & Analysis

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$1.50 -0.02 (-1.32 %)
(As of 03/21/2019 12:19 PM ET)
Previous Close$1.52
Today's Range$1.43 - $1.53
52-Week Range$0.50 - $3.20
Volume797 shs
Average Volume588,736 shs
Market Capitalization$44.85 million
P/E Ratio-1.14
Dividend YieldN/A
Beta3.06
TRACON Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, focuses on the development and commercialization of therapeutics for cancer, wet age-related macular degeneration (AMD), and fibrotic diseases. Its lead product candidate is TRC105, an endoglin antibody, which is in Phase III clinical trials for angiosarcoma; randomized Phase II clinical trials for renal cell carcinoma; Phase II clinical trials for gestational trophoblastic neoplasia; Phase I/II clinical trials for hepatocellular carcinoma; Phase I clinical trial for lung cancer; Phase I/II clinical trials for breast cancer; Phase II clinical trials for prostate cancer; and randomized Phase II clinical trials for wet AMD. The company's other product candidates comprise TRC102, a small molecule that is in Phase II clinical trials for mesothelioma, Phase II clinical trials for glioblastoma, Phase I clinical trial for solid tumors, Phase I/II clinical trials for solid tumors and lymphomas, as well as Phase I clinical trial for lung cancer; and TRC253, a small molecule high affinity competitive inhibitor of wild type androgen receptor (AR) and multiple AR mutant receptors that is in Phase I/II clinical trials for the treatment prostate cancer. Its preclinical development product includes TRC694, an orally bioavailable inhibitor of NF-kB inducing kinase for the treatment of patients with hematologic malignancies, including myeloma. The company has a license agreement with Ambrx, Inc., and Santen Pharmaceutical Co., Ltd; a strategic partnership with I-Mab, as well as strategic licensing collaboration with Janssen Pharmaceutica N.V. The company was formerly known as Lexington Pharmaceuticals, Inc. and changed its name to TRACON Pharmaceuticals, Inc. in March 2005. TRACON Pharmaceuticals, Inc. was founded in 2004 and is headquartered in San Diego, California.

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Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:TCON
CUSIPN/A
Phone858-550-0780

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3 million
Book Value$0.72 per share

Profitability

Net Income$-34,960,000.00

Miscellaneous

EmployeesN/A
Market Cap$44.85 million
Next Earnings Date5/8/2019 (Estimated)
OptionableNot Optionable

TRACON Pharmaceuticals (NASDAQ:TCON) Frequently Asked Questions

What is TRACON Pharmaceuticals' stock symbol?

TRACON Pharmaceuticals trades on the NASDAQ under the ticker symbol "TCON."

How were TRACON Pharmaceuticals' earnings last quarter?

TRACON Pharmaceuticals Inc (NASDAQ:TCON) released its quarterly earnings data on Wednesday, August, 8th. The biopharmaceutical company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by $0.02. View TRACON Pharmaceuticals' Earnings History.

When is TRACON Pharmaceuticals' next earnings date?

TRACON Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for TRACON Pharmaceuticals.

What price target have analysts set for TCON?

2 analysts have issued 1-year price objectives for TRACON Pharmaceuticals' shares. Their forecasts range from $7.00 to $9.00. On average, they expect TRACON Pharmaceuticals' stock price to reach $8.00 in the next year. This suggests a possible upside of 440.5% from the stock's current price. View Analyst Price Targets for TRACON Pharmaceuticals.

What is the consensus analysts' recommendation for TRACON Pharmaceuticals?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TRACON Pharmaceuticals in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TRACON Pharmaceuticals.

Has TRACON Pharmaceuticals been receiving favorable news coverage?

Media stories about TCON stock have trended somewhat positive on Thursday, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TRACON Pharmaceuticals earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave press coverage about the biopharmaceutical company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

Who are some of TRACON Pharmaceuticals' key competitors?

What other stocks do shareholders of TRACON Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TRACON Pharmaceuticals investors own include Verastem (VSTM), SCYNEXIS (SCYX), Conatus Pharmaceuticals (CNAT), Synergy Pharmaceuticals (SGYP), Sorrento Therapeutics (SRNE), AVEO Pharmaceuticals (AVEO), NVIDIA (NVDA), TG Therapeutics (TGTX), Corbus Pharmaceuticals (CRBP) and Check Cap (CHEK).

Who are TRACON Pharmaceuticals' key executives?

TRACON Pharmaceuticals' management team includes the folowing people:
  • Dr. Charles P. Theuer, CEO, Pres, Principal Financial Officer, Principal Accounting Officer & Director (Age 55)
  • Dr. Sharon Real, Sr. VP of Product Devel. (Age 55)
  • Ms. Bonne Adams, Sr. VP of Clinical Operations (Age 42)
  • Mr. Mark C. Wiggins, Chief Bus. Officer (Age 63)

When did TRACON Pharmaceuticals IPO?

(TCON) raised $47 million in an initial public offering (IPO) on Friday, January 30th 2015. The company issued 3,600,000 shares at $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.

Who are TRACON Pharmaceuticals' major shareholders?

TRACON Pharmaceuticals' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Telemetry Investments L.L.C. (3.24%). Company insiders that own TRACON Pharmaceuticals stock include Charles Theuer, Cross-Border Opportu Puissance, Enterprise Associates 14 New and William R Larue. View Institutional Ownership Trends for TRACON Pharmaceuticals.

Which major investors are buying TRACON Pharmaceuticals stock?

TCON stock was bought by a variety of institutional investors in the last quarter, including Telemetry Investments L.L.C.. Company insiders that have bought TRACON Pharmaceuticals stock in the last two years include Charles Theuer, Cross-Border Opportu Puissance and Enterprise Associates 14 New. View Insider Buying and Selling for TRACON Pharmaceuticals.

How do I buy shares of TRACON Pharmaceuticals?

Shares of TCON can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is TRACON Pharmaceuticals' stock price today?

One share of TCON stock can currently be purchased for approximately $1.48.

How big of a company is TRACON Pharmaceuticals?

TRACON Pharmaceuticals has a market capitalization of $44.25 million and generates $3 million in revenue each year. The biopharmaceutical company earns $-34,960,000.00 in net income (profit) each year or ($1.30) on an earnings per share basis.

What is TRACON Pharmaceuticals' official website?

The official website for TRACON Pharmaceuticals is http://www.traconpharma.com.

How can I contact TRACON Pharmaceuticals?

TRACON Pharmaceuticals' mailing address is 4350 LA JOLLA VILLAGE DRIVE SUITE 800, San Diego CA, 92122. The biopharmaceutical company can be reached via phone at 858-550-0780 or via email at [email protected]


MarketBeat Community Rating for TRACON Pharmaceuticals (NASDAQ TCON)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  202 (Vote Outperform)
Underperform Votes:  154 (Vote Underperform)
Total Votes:  356
MarketBeat's community ratings are surveys of what our community members think about TRACON Pharmaceuticals and other stocks. Vote "Outperform" if you believe TCON will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TCON will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/21/2019 by MarketBeat.com Staff

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