ElectroCore Inc’s recently made public that its Director Errico Thomas J. acquired Company’s shares for reported $30595.0 on Aug 15 ’24. In the deal valued at $6.12 per share,5,000 shares were bought. As a result of this transaction, Errico Thomas J. now holds 233,818 shares worth roughly $3.8 million.
Then, GANDOLFO JOHN P bought 1,000 shares, generating $6,430 in total proceeds. Upon buying the shares at $6.43, the Director now owns 50,704 shares.
Before that, Goldberger Daniel S bought 38,505 shares. ElectroCore Inc shares valued at $247,587 were divested by the Chief Executive Officer at a price of $6.43 per share. As a result of the transaction, Goldberger Daniel S now holds 249,565 shares, worth roughly $4.06 million.
BTIG Research upgraded its ElectroCore Inc [ECOR] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in mid November from “a Mkt outperform” to “a Mkt perform”. Cantor Fitzgerald revised its rating on May 30, 2019. It rated ECOR as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of ECOR
On Tuesday, ElectroCore Inc [NASDAQ:ECOR] saw its stock fall -7.19% to $16.26. Over the last five days, the stock has gained 15.94%. ElectroCore Inc shares have risen nearly 171.34% since the year began. Nevertheless, the stocks have risen 182.34% over the past one year. While a 52-week high of $17.89 was reached on 12/24/24, a 52-week low of $5.25 was recorded on 04/17/24. SMA at 50 days reached $11.93, while 200 days put it at $7.75.
Levels Of Support And Resistance For ECOR Stock
The 24-hour chart illustrates a support level at 15.28, which if violated will result in even more drops to 14.30. On the upside, there is a resistance level at 17.57. A further resistance level may holdings at 18.87. The Relative Strength Index (RSI) on the 14-day chart is 62.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.69%. Stochastics %K at 77.77% indicates the stock is a holding.
How much short interest is there in ElectroCore Inc?
A steep rise in short interest was recorded in ElectroCore Inc stocks on 2024-10-31, growing by 16747.0 shares to a total of 42996.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 26249.0 shares. There was a rise of 38.95%, which implies that there is a positive sentiment for the stock.
