ElectroCore Inc (ECOR) Shares Have Inclined 7.40% Year To Date

ElectroCore Inc (NASDAQ:ECOR) has a beta value of 0.23 and has seen 53710.0 shares traded in the last trading session. The company, currently valued at $115.95M, closed the last trade at $17.41 per share which meant it gained $0.24 on the day or 1.40% during that session. The ECOR stock price is -7.24% off its 52-week high price of $18.67 and 69.44% above the 52-week low of $5.32. If we look at the company’s 10-day average daily trading volume, we find that it stood at 74540.0 shares traded. The 3-month trading volume is 117.70K shares.

The consensus among analysts is that ElectroCore Inc (ECOR) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.

ElectroCore Inc (NASDAQ:ECOR) trade information

Sporting 1.40% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ECOR stock price touched $17.41 or saw a rise of 2.19%. Year-to-date, ElectroCore Inc shares have moved 7.40%, while the 5-day performance has seen it change 4.94%. Over the past 30 days, the shares of ElectroCore Inc (NASDAQ:ECOR) have changed 10.89%. Short interest in the company has seen 0.12 million shares shorted with days to cover at 1.2.

ElectroCore Inc (ECOR) estimates and forecasts

The company’s shares have gained 191.62% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 57.16%.

5 analysts offering their estimates for the company have set an average revenue estimate of 7.05M for the current quarter. 3 have an estimated revenue figure of 7.9M for the next ending quarter. Year-ago sales stood 5.19M and 5.44M respectively for this quarter and the next, and analysts expect sales will grow by 35.91% for the current quarter and 57.16% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 28.11% over the past 5 years.

ECOR Dividends

ElectroCore Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

ElectroCore Inc (NASDAQ:ECOR)’s Major holders

Insiders own 25.17% of the company shares, while shares held by institutions stand at 18.93% with a share float percentage of 25.30%. Investors are also buoyed by the number of investors in a company, with ElectroCore Inc having a total of 39.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 1.54% shares in the company for having 102.78 shares of worth $1.79 million while later fund manager owns 57.51 shares of worth $1.0 million as of Sep 30, 2024, which makes it owner of about 0.86% of company’s outstanding stock.