Watch for Continued Gains in Shares of electroCore Inc. (ECOR)

April 11, 2022 09:48:47

Shares of electroCore Inc. (NASDAQ:ECOR) traded at a new 52-week high today of $20.04. This new high was reached on above average trading volume as 161.2 million shares traded hands, while the average 30-day volume is approximately 384,000 shares.

electroCore Inc is a commercial stage bioelectronic medicine company with a platform for non-invasive vagus nerve stimulation therapy initially focused on neurology. The company’s product gammaCore is Food and Drug Administration cleared in the United States for adjunctive use for the preventive treatment of cluster headache in adult patients, the acute treatment of pain associated with episodic cluster headache in adult patients, the acute treatment of pain associated with migraine headache in adult patients and the prevention of migraine in adult patients. The gammaCore is CE-marked in the European Union for the acute and/or prophylactic treatment of primary headache, Bronchoconstriction and Medication Overuse Headache in adults.

Over the past year, electroCore Inc. has traded in a range of $0.32 to $2.32 and is now at $0.52.

electroCore Inc. (NASDAQ:ECOR) is currently priced 1.9% above its average consensus analyst price target of $0.51.

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