How to Buy Tracon Pharmaceuticals Stock
Tracon Pharmaceuticals Inc
TRACON Pharmaceuticals, Inc. , a biopharmaceutical company, focuses on the development and commercialization of therapeutics for cancer in the United States.
Tracon Pharmaceuticals stock last closed at $1.86, up 2.76% from the previous day, and has decreased 87.26% in one year. It has underperformed other stocks in the Biotechnology industry by 0.69 percentage points. Tracon Pharmaceuticals stock is currently +16.98% from its 52-week low of $1.59, and -87.43% from its 52-week high of $14.80.
There are currently 2.28M shares of TCON outstanding. The market value of TCON is $4.23M. In the past 24 hours, 260,844 TCON shares were traded.
How to Buy Tracon Pharmaceuticals Stock
Not sure how to invest in Tracon Pharmaceuticals stock? Here's how.
- Choose where to buy Tracon Pharmaceuticals stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Tracon Pharmaceuticals stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your information.
- Evaluate Tracon Pharmaceuticals stock: The Tracon Pharmaceuticals ticker symbol is TCON. Is Tracon Pharmaceuticals stock a good investment? Should you buy shares of TCON? How do TCON's underlying business fundamentals look? Do top analysts think Tracon Pharmaceuticals is a good buy? Why has TCON's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if TCON is a good stock to buy).
- Make your TCON purchase: Decide if you will purchase TCON shares at the current market price or use a limit order to purchase TCON shares at a given price.
- Get the latest news on your TCON position: Create a watchlist to important updates regarding your investment in Tracon Pharmaceuticals shares.
Step 1: Choose where to buy Tracon Pharmaceuticals stock
You need a brokerage account to access the NASDAQ market and buy TCON shares.
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Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you are able to buy TCON today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on a investment app, you need to deposit funds:
Check out the walkthrough below to see the process of transferring money into your investment account.
Step 4: Evaluate Tracon Pharmaceuticals stock
Once you have identified the best place to buy Tracon Pharmaceuticals stock, it's important to evaluate their stock before you buy, so you actually wrap your head around the risk as well as the upside.
Tracon Pharmaceuticals quick stats
Tracon Pharmaceuticals Due Diligence Checks
WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on TCON's stock page.
What is the fair value of TCON stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TCON's fair value.
You can access more valuation analysis on TCON's stock here.
TCON Financial Overview
Positive Financial Indicators:
- TCON's operating cash flow of $3.68M allows it to safely service it's debt of $0.00.
- There are more short-term assets than long-term liabilities on the TCON balance sheet.
Negative Financial Indicators:
- TCON debt to equity ratio of -13.49 is negative.
- Total TCON debt is still negative.
- TCON earnings of $3.72M is not sufficient to cover its interest payments.
- There are more short-term liabilities than short-term assets on the TCON balance sheet.
- TCON profit margin has gone down from N/A to -29.8% in the past year.
Is it a good time to buy Tracon Pharmaceuticals stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who track TCON, the consensus analyst rating on TCON is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Tracon Pharmaceuticals stock forecast page.
TCON Technical Indicators
How is TCON performing as a company?
Last year, TCON revenue was $12.05M. During the past five year, TCON's revenue has gone up by 32.05% per year. This was faster than the Biotechnology industry average of 29.63%.
Find out more about TCON's earnings and revenue performance here.
Are TCON insiders buying or selling the stock?
Over the last year, executives and large shareholders at TCON have sold more shares than they have bought.
Opaleye Management Inc, 10% Owner of TCON, was the latest TCON insider to sell. They sold $129,360.00 worth of TCON stock on Nov 10, 2023.
Learn more about who owns TCON shares here.
Does TCON provide a stable income stream?
No, Tracon Pharmaceuticals doesn't provide an income stream by paying out dividends.
What others are saying about TCON
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your TCON purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you require more help investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your TCON position
Now that you own some shares in TCON, you'll want to keep up with your investment.
Make a watchlist to track the latest developments regarding your TCON stock.
TCON Feed
How to Buy Stock in Tracon Pharmaceuticals
To summarize, here are the 6 steps to buy Tracon Pharmaceuticals stock:
- Choose where to buy Tracon Pharmaceuticals stock
- Sign up for your brokerage account
- Fund your investment account
- Evaluate Tracon Pharmaceuticals stock
- Make your TCON purchase
- Get the latest news on your TCON position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Tracon Pharmaceuticals, add TCON to your watchlist by clicking the button below.
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