electroCore (ECOR) to Release Quarterly Earnings on Wednesday

electroCore (NASDAQ:ECOR) is anticipated to announce its earnings results after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of ($0.34) per share and revenue of $7.06 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

electroCore Price Performance

Shares of ECOR opened at $12.86 on Tuesday. The company’s fifty day moving average price is $16.28 and its 200 day moving average price is $12.21. The company has a market capitalization of $85.60 million, a PE ratio of -7.03 and a beta of 0.24. electroCore has a one year low of $5.32 and a one year high of $19.49.

Analysts Set New Price Targets

Separately, HC Wainwright raised their price objective on shares of electroCore from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th.

electroCore Company Profile

electroCore, Inc, a commercial stage bioelectronic medicine and wellness company, provides non-invasive vagus nerve stimulation technology platform in the United States, the United Kingdom, and internationally. The company is developing gammaCore, a prescription only handheld device intended for regular or intermittent use for the acute treatment of pain associated with migraine and episodic cluster headache, as well as for the treatment of hemicrania continua and paroxysmal hemicrania.