The 36-month beta value for ECOR is at 0.58. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ECOR is 5.21M, and currently, shorts hold a 0.83% of that float. The average trading volume for ECOR on November 14, 2024 was 52.00K shares.
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ECOR) stock’s latest price update
ElectroCore Inc (NASDAQ: ECOR)’s stock price has gone rise by 7.80 in comparison to its previous close of 12.43, however, the company has experienced a 11.16% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-11-13 that electroCore, Inc. (NASDAQ:ECOR ) Q3 2024 Earnings Call Transcript November 13, 2024 4:30 PM ET Company Participants Dan Goldberger – CEO & Director Joshua Lev – Chief Financial Officer Conference Call Participants Jeffrey Cohen – Ladenburg Thalmann Swayampakula Ramakanth – H.C. Wainwright Operator Greetings, and welcome to the electroCore Third Quarter 2024 Earnings Conference Call.
ECOR’s Market Performance
ECOR’s stock has risen by 11.16% in the past week, with a monthly rise of 66.67% and a quarterly rise of 123.71%. The volatility ratio for the week is 7.73% while the volatility levels for the last 30 days are 7.95% for ElectroCore Inc The simple moving average for the past 20 days is 18.54% for ECOR’s stock, with a 92.67% simple moving average for the past 200 days.
Analysts’ Opinion of ECOR
Many brokerage firms have already submitted their reports for ECOR stocks, with BTIG Research repeating the rating for ECOR by listing it as a “Buy.” The predicted price for ECOR in the upcoming period, according to BTIG Research is $3.50 based on the research report published on August 14, 2020 of the previous year 2020.
Cantor Fitzgerald gave a rating of “Neutral” to ECOR, setting the target price at $9 in the report published on September 26th of the previous year.
ECOR Trading at 55.26% from the 50-Day Moving Average
After a stumble in the market that brought ECOR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.05% of loss for the given period.
Volatility was left at 7.95%, however, over the last 30 days, the volatility rate increased by 7.73%, as shares surge +67.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +121.49% upper at present.
During the last 5 trading sessions, ECOR rose by +11.16%, which changed the moving average for the period of 200-days by +75.85% in comparison to the 20-day moving average, which settled at $11.30. In addition, ElectroCore Inc saw 125.14% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ECOR starting from Errico Thomas J., who purchase 5,000 shares at the price of $6.12 back on Aug 15 ’24. After this action, Errico Thomas J. now owns 233,818 shares of ElectroCore Inc, valued at $30,595 using the latest closing price.
GANDOLFO JOHN P, the Director of ElectroCore Inc, purchase 1,000 shares at $6.43 during a trade that took place back on Jun 13 ’24, which means that GANDOLFO JOHN P is holding 50,704 shares at $6,430 based on the most recent closing price.
Stock Fundamentals for ECOR
Current profitability levels for the company are sitting at:
- -0.56 for the present operating margin
- 0.83 for the gross margin
The net margin for ElectroCore Inc stands at -0.54. The total capital return value is set at -0.99. Equity return is now at value -153.49, with -77.78 for asset returns.
Based on ElectroCore Inc (ECOR), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at -2.18. The debt to equity ratio resting at 0.43. The interest coverage ratio of the stock is -109.5.
Currently, EBITDA for the company is -17.76 million with net debt to EBITDA at 0.07. When we switch over and look at the enterprise to sales, we see a ratio of 3.67. The receivables turnover for the company is 42.26for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.48.
Conclusion
In conclusion, ElectroCore Inc (ECOR) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
