A new trading day began on Tuesday, with ElectroCore Inc (NASDAQ: ECOR) stock price down -7.19% from the previous day of trading, before settling in for the closing price of $17.52. ECOR’s price has ranged from $5.25 to $17.89 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Healthcare Sector giant saw their annual sales surged by 77.42% over the last five years. Meanwhile, its annual earnings per share averaged 56.02%. With a float of $5.31 million, this company’s outstanding shares have now reached $6.51 million.
The firm has a total of 68 workers. Let’s measure their productivity. In terms of profitability, gross margin is 83.32%, operating margin of -55.86%, and the pretax margin is -54.82%.
ElectroCore Inc (ECOR) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of ElectroCore Inc is 18.92%, while institutional ownership is 20.23%. The most recent insider transaction that took place on Aug 15 ’24, was worth 30,595. In this transaction Director of this company bought 5,000 shares at a rate of $6.12, taking the stock ownership to the 233,818 shares. Before that another transaction happened on Jun 13 ’24, when Company’s Director bought 1,000 for $6.43, making the entire transaction worth $6,430. This insider now owns 50,704 shares in total.
ElectroCore Inc (ECOR) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 56.02% per share during the next fiscal year.
ElectroCore Inc (NASDAQ: ECOR) Trading Performance Indicators
Here are ElectroCore Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.82, a number that is poised to hit -0.30 in the next quarter and is forecasted to reach -0.58 in one year’s time.
Technical Analysis of ElectroCore Inc (ECOR)
Analysing the last 5-days average volume posted by the [ElectroCore Inc, ECOR], we can find that recorded value of 0.27 million was better than the volume posted last year of 38452.0. As of the previous 9 days, the stock’s Stochastic %D was 71.09%. Additionally, its Average True Range was 1.68.
During the past 100 days, ElectroCore Inc’s (ECOR) raw stochastic average was set at 86.82%, which indicates a significant increase from 76.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.35% in the past 14 days, which was higher than the 83.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.93, while its 200-day Moving Average is $7.75. Now, the first resistance to watch is $17.57. This is followed by the second major resistance level at $18.87. The third major resistance level sits at $19.85. If the price goes on to break the first support level at $15.28, it is likely to go to the next support level at $14.30. Should the price break the second support level, the third support level stands at $12.99.
ElectroCore Inc (NASDAQ: ECOR) Key Stats
With a market capitalization of 98.91 million, the company has a total of 6,555K Shares Outstanding. Currently, annual sales are 16,030 K while annual income is -18,830 K. The company’s previous quarter sales were 6,550 K while its latest quarter income was -2,500 K.
