JMP Securities analyst David Turkaly reiterated a Hold rating on Electrocore (ECOR – Research Report) today. The company’s shares closed today at $0.61.
According to TipRanks, Turkaly is a 4-star analyst with an average return of 6.1% and a 52.51% success rate. Turkaly covers the Healthcare sector, focusing on stocks such as Apyx Medical, Haemonetics, and AxoGen.
Electrocore has an analyst consensus of Moderate Buy, with a price target consensus of $1.50.
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ECOR market cap is currently $46.94M and has a P/E ratio of -2.34.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ECOR in relation to earlier this year.
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electroCore, Inc. is a commercial-stage bio-electronic medicine company, with a platform non-invasive vagus nerve stimulation therapy focuses on neurology and rheumatology. The company’s therapy, gammaCore, has pharmacologic effects on the peripheral and central nervous systems, which modulate neurotransmitters and immune function. It focuses on acute treatment of migraine and episodic cluster headache. The company was founded by Joseph P. Errico, Steve Mendez, Peter S. Staats and Thomas J. Errico in September 2005 and is headquartered in Morris Plains, NJ.
Read More on ECOR:
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- JMP Securities Reaffirms Their Hold Rating on NuVasive (NUVA)
- Stifel Nicolaus Sticks to Their Buy Rating for Sea (SE)
- Myovant Sciences Announces New Employment Inducement Grants Under NYSE Rule 303A.08
