Electrocore Llc Stock Today
| ECOR Stock | USD 5.58 0.08 1.41% |
Performance0 of 100
| Odds Of DistressLess than 9
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Electrocore LLC is selling at 5.58 as of the 24th of April 2024; that is -1.41 percent decrease since the beginning of the trading day. The stock's lowest day price was 5.58. Electrocore LLC has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Electrocore LLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 22nd of June 2018 | Category Healthcare | Classification Health Care |
electroCore, Inc., a commercial stage medical device company, engages in the development and commercialization of a range of non-invasive vagus nerve stimulation therapies. The company was incorporated in 2005 and is headquartered in Rockaway, New Jersey. The company has 6 M outstanding shares of which 10.07 K shares are currently shorted by private and institutional investors with about 0.89 trading days to cover. More on Electrocore LLC
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Electrocore Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Electrocore LLC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Electrocore LLC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Francis Amato | ||||
| Thematic Idea | Medical Equipment (View all Themes) | ||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Electrocore LLC report their recommendations after researching Electrocore LLC's financial statements, talking to executives and customers, or listening in on Electrocore LLC's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Electrocore LLC. The Electrocore consensus assessment is calculated by taking the average forecast from all of the analysts covering Electrocore LLC. | |||||
Electrocore LLC's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Electrocore LLC's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Electrocore LLC's financial leverage. It provides some insight into what part of Electrocore LLC's total assets is financed by creditors.
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Electrocore LLC (ECOR) is traded on NASDAQ Exchange in USA. It is located in 200 Forge Way, Rockaway, NJ, United States, 07866 and employs 68 people. Electrocore LLC is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 33.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Electrocore LLC's market, we take the total number of its shares issued and multiply it by Electrocore LLC's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Electrocore LLC conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 6 M outstanding shares of which 10.07 K shares are currently shorted by private and institutional investors with about 0.89 trading days to cover.
Electrocore LLC currently holds about 26.33 M in cash with (14.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37.
Check Electrocore LLC Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Electrocore LLC is $33.97 Million. Electrocore LLC shows 18.51 percent of its outstanding shares held by insiders and 16.89 percent owned by other corporate entities. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Electrocore Ownership Details
Electrocore Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Electrocore LLC jumping above the current price in 90 days from now is over 95.48%. The Electrocore LLC probability density function shows the probability of Electrocore LLC stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Electrocore LLC has a beta of 0.501 suggesting as returns on the market go up, Electrocore LLC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Electrocore LLC will be expected to be much smaller as well. Additionally, electrocore LLC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Electrocore LLC to move above the current price in 90 days from now is over 95.48 (This Electrocore LLC probability density function shows the probability of Electrocore Stock to fall within a particular range of prices over 90 days) .
Electrocore Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Electrocore LLC that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Electrocore LLC's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Electrocore LLC's value.| Instituion | Recorded On | Shares | |
| Tower Research Capital Llc | 2023-12-31 | 1.5 K | |
| Kozak & Associates, Inc. | 2023-12-31 | 666 | |
| Wells Fargo & Co | 2023-12-31 | 354 | |
| Prestige Wealth Management Group Llc | 2023-12-31 | 270 | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 236 | |
| Blackrock Inc | 2023-12-31 | 163 | |
| Bank Of America Corp | 2023-12-31 | 136 | |
| First Manhattan Co. Llc | 2023-12-31 | 133 | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 60.0 | |
| Awm Investment Company Inc | 2023-12-31 | 550.4 K | |
| Vanguard Group Inc | 2023-12-31 | 154.3 K |
Electrocore LLC Historical Income Statement
Electrocore LLC Income Statement is one of the three primary financial statements used for reporting Electrocore's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Electrocore LLC revenue and expense. Electrocore LLC Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Electrocore LLC's Total Operating Expenses is relatively stable compared to the past year. As of 04/24/2024, Reconciled Depreciation is likely to grow to about 927.1 K, while Interest Expense is likely to drop slightly above 245.4 K. View More FundamentalsElectrocore Stock Against Markets
Picking the right benchmark for Electrocore LLC stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Electrocore LLC stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Electrocore LLC is critical whether you are bullish or bearish towards Electrocore LLC at a given time. Please also check how Electrocore LLC's historical prices are related to one of the top price index indicators.
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Electrocore LLC Corporate Directors
Electrocore LLC corporate directors refer to members of an Electrocore LLC board of directors. The board of directors generally takes responsibility for the Electrocore LLC's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Electrocore LLC's board members must vote for the resolution. The Electrocore LLC board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Trevor Moody | Director | Profile | |
| Michael Atieh | Director | Profile | |
| Nick Colucci | Director | Profile | |
| James Tullis | Director | Profile |
How to buy Electrocore Stock?
Before investing in Electrocore LLC, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Electrocore LLC. To buy Electrocore LLC stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Electrocore LLC. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Electrocore LLC stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Electrocore LLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Electrocore LLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Electrocore LLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Electrocore Stock please use our How to Invest in Electrocore LLC guide.
Already Invested in Electrocore LLC?
The danger of trading Electrocore LLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Electrocore LLC is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Electrocore LLC. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Electrocore LLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Electrocore LLC is a strong investment it is important to analyze Electrocore LLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Electrocore LLC's future performance. For an informed investment choice regarding Electrocore Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electrocore LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Electrocore Stock, please use our How to Invest in Electrocore LLC guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Electrocore Stock analysis
When running Electrocore LLC's price analysis, check to measure Electrocore LLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electrocore LLC is operating at the current time. Most of Electrocore LLC's value examination focuses on studying past and present price action to predict the probability of Electrocore LLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrocore LLC's price. Additionally, you may evaluate how the addition of Electrocore LLC to your portfolios can decrease your overall portfolio volatility.
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Is Electrocore LLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Electrocore LLC. If investors know Electrocore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Electrocore LLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.42) | Revenue Per Share 2.907 | Quarterly Revenue Growth 1.028 | Return On Assets (0.58) | Return On Equity (1.54) |
The market value of Electrocore LLC is measured differently than its book value, which is the value of Electrocore that is recorded on the company's balance sheet. Investors also form their own opinion of Electrocore LLC's value that differs from its market value or its book value, called intrinsic value, which is Electrocore LLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Electrocore LLC's market value can be influenced by many factors that don't directly affect Electrocore LLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Electrocore LLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrocore LLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrocore LLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.