electroCore (NASDAQ:ECOR) Given “Buy” Rating at HC Wainwright

electroCore (NASDAQ:ECOR – Get Rating)‘s stock had its “buy” rating reiterated by investment analysts at HC Wainwright in a report issued on Thursday, March 9th, Benzinga reports.

A number of other research analysts have also commented on the company. Brookline Capital Management reiterated a “buy” rating on shares of electroCore in a research report on Thursday, January 12th. Brookline Capital Acquisition initiated coverage on electroCore in a research note on Friday, January 13th. They issued a “buy” rating on the stock.

electroCore Stock Down 1.1 %

NASDAQ ECOR traded down $0.04 during trading hours on Thursday, reaching $3.44. 32,910 shares of the company’s stock were exchanged, compared to its average volume of 21,379. electroCore has a one year low of $2.92 and a one year high of $10.50. The firm has a fifty day moving average of $1.65 and a 200-day moving average of $8.14.

Institutional Investors Weigh In On electroCore

A number of institutional investors have recently made changes to their positions in ECOR. Jaffetilchin Investment Partners LLC raised its position in shares of electroCore by 31.6% in the first quarter. Jaffetilchin Investment Partners LLC now owns 307,984 shares of the company’s stock valued at $82,000 after buying an additional 74,000 shares in the last quarter. Virtu Financial LLC acquired a new position in electroCore during the first quarter valued at approximately $53,000. Wealthspire Advisors LLC raised its position in electroCore by 40.0% during the second quarter. Wealthspire Advisors LLC now owns 700,000 shares of the company’s stock valued at $357,000 after purchasing an additional 200,000 shares in the last quarter. AWM Investment Company Inc. raised its position in electroCore by 18.0% during the second quarter. AWM Investment Company Inc. now owns 5,493,876 shares of the company’s stock valued at $2,801,000 after purchasing an additional 838,129 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in electroCore by 102.2% during the second quarter. Renaissance Technologies LLC now owns 262,848 shares of the company’s stock valued at $134,000 after purchasing an additional 132,848 shares in the last quarter. Institutional investors own 17.76% of the company’s stock.

electroCore Company Profile

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electroCore, Inc engages in the provision of non-invasive vagus nerve stimulation (nVNS) therapy. It develops a platform bioelectronic medical therapy that modulates neurotransmitters and immune function through its effects on both the peripheral and central nervous systems. The company was founded by Joseph P.