TRACON Pharmaceuticals Inc Shares Close the Week 26.1% Lower - Weekly Wrap

The company saw its shares close the week 26.1% lower than last week, with trading volume higher than its 30 day average.

Jul 25, 2021 by Kwhen Finance Editors

TRACON Pharmaceuticals Inc Shares Close the Week 26.1% Lower - Weekly Wrap
TRACON Pharmaceuticals Inc (TCON) shares closed this week 26.1% lower than it did at the end of last week. The stock is currently down 67.5% year-to-date, up 107.7% over the past 12 months, and down 92.3% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 2.0%.

Trading Activity

  • Shares traded as high as $5.43 and as low as $3.51 this week.
  • Shares closed 68.9% below its 52-week high and 145.2% above its 52-week low.
  • Trading volume this week was 267.8% higher than the 10-day average and 792.6% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.7.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price lags the performance of its peers in the Health Care industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
TRACON Pharmaceuticals Inc2.2-67.5107.7-69.7138.7
Dow Jones Industrial Average0.715.734.8-0.337.1
S&P 500 Index1.018.439.1-0.638.9
Health Care1.116.226.6-0.831.3

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -579.0%
  • The company's stock price performance over the past 12 months beats the peer average by -1143.2%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
TRACON Pharmaceuticals IncTCON0-67.5107.7-69.7138.7
Peer AvgN/A-1.614.1-10.3-36.439.8
Agenus IncAGEN-6.676.773.5-6.4122.8
Akebia Therapeutics Inc.AKBA0-11.8-79.0-79.224.4
Applied Genetic Technologies CorpAGTC0-8.6-35.7-59.911.8

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

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