ElectroCore Inc (NASDAQ:ECOR) shares, rose in value on Thursday, April 16, with the stock price up by 0.67% to the previous day’s close as strong demand from buyers drove the stock to $6.02.
Actively observing the price movement in the last trading, the stock closed the session at $5.98, falling within a range of $5.77 and $6.13. The value of beta (5-year monthly) was 0.841. Referring to stock’s 52-week performance, its high was $19.49, and the low was $5.02. On the whole, ECOR has fluctuated by -24.84% over the past month.
With the market capitalization of ElectroCore Inc currently standing at about $43.30 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-11.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 33.42M, with a low estimate of 6.77M and a high estimate of 7.03M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.93M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ECOR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of ECOR currently trading nearly -4.43% and -46.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.06, while the 7-day volatility ratio is showing 10.46% which for the 30-day chart, stands at 11.45%. Furthermore, ElectroCore Inc (ECOR)’s beta value is 0.97, and its average true range (ATR) is 0.84.
A comparison of ElectroCore Inc (ECOR) with its peers suggests the former has fared considerably weaker in the market. ECOR showed an intraday change of 0.67% in last session, and over the past year, it grew by 9.26%%.
Data on historical trading for ElectroCore Inc (NASDAQ:ECOR) indicates that the trading volumes over the past 10 days have averaged 95270.0 and over the past 3 months, they’ve averaged 152.89K. According to company’s latest data on outstanding shares, there are 6.65 million shares outstanding.
Nearly 19.63% of ElectroCore Inc’s shares belong to company insiders and institutional investors own 16.13% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.26 million shares as on 2025-03-31, resulting in a short ratio of 1.18. According to the data, the short interest in ElectroCore Inc (ECOR) stood at 935.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.12 million. The stock has fallen by -62.86% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ECOR stock heading into the next quarter.
