NASDAQ:ECORelectroCore Stock Price, Forecast & News

electroCore's stock was trading at $0.5874 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ECOR stock has increased by 203.0% and is now trading at $1.78. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for electroCore in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for electroCore.

electroCore is scheduled to release its next quarterly earnings announcement on Tuesday, August 11th 2020. View our earnings forecast for electroCore.

electroCore, Inc. (NASDAQ:ECOR) issued its earnings results on Thursday, May, 14th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.23) by $0.04. The company had revenue of $0.73 million for the quarter, compared to analyst estimates of $0.73 million. electroCore had a negative return on equity of 133.55% and a negative net margin of 1,445.53%. View electroCore's earnings history.

electroCore updated its first quarter 2020 Pre-Market earnings guidance on Friday, April, 17th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $700K - 750K, compared to the consensus revenue estimate of $830K.

6 analysts have issued 12 month price objectives for electroCore's stock. Their forecasts range from $1.50 to $10.00. On average, they expect electroCore's stock price to reach $5.30 in the next year. This suggests a possible upside of 197.8% from the stock's current price. View analysts' price targets for electroCore.

News headlines about ECOR stock have trended very negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. electroCore earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about electroCore.

electroCore saw a increase in short interest in June. As of June 30th, there was short interest totaling 1,690,000 shares, an increase of 44.4% from the June 15th total of 1,170,000 shares. Based on an average daily trading volume, of 2,010,000 shares, the days-to-cover ratio is currently 0.8 days. Approximately 6.0% of the company's shares are sold short. View electroCore's Current Options Chain.

Some companies that are related to electroCore include Soleno Therapeutics (SLNO), Edap Tms (EDAP), Fc Global Realty (FCRE), IRIDEX (IRIX), CHF Solutions (CHFS), Second Sight Medical Products (EYES), Helius Medical Technologies (HSDT), Precision Optics (PEYE), Reshape Lifesciences (RSLS), Digirad (DRAD), ENDRA Life Sciences (NDRA), Viveve Medical (VIVE), Vaso (VASO), Non-Invasive Monitoring Systems (NIMU) and ReShape Lifesciences (RSLSD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other electroCore investors own include Acasti Pharma (ACST), Vaxart (VXRT), Canopy Growth (CGC), Heat Biologics (HTBX), Outlook Therapeutics (OTLK), TherapeuticsMD (TXMD), FuelCell Energy (FCEL), Matinas BioPharma (MTNB), SCYNEXIS (SCYX) and T2 Biosystems (TTOO).

(ECOR) raised $64 million in an IPO on Friday, June 22nd 2018. The company issued 4,300,000 shares at $14.00-$16.00 per share. Evercore ISI and JMP Securities acted as the underwriters for the IPO and BTIG was co-manager.

electroCore trades on the NASDAQ under the ticker symbol "ECOR."

Shares of ECOR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ECOR stock can currently be purchased for approximately $1.78.

electroCore has a market capitalization of $67.87 million and generates $2.39 million in revenue each year. The company earns $-45,150,000.00 in net income (profit) each year or ($1.54) on an earnings per share basis. electroCore employs 51 workers across the globe.

The official website for electroCore is www.electrocore.com.

electroCore's mailing address is 150 ALLEN ROAD SUITE 201, BASKING RIDGE NJ, 07920. The company can be reached via phone at 973-290-0097 or via email at [email protected]