HighTower Advisors LLC Buys New Holdings in electroCore, Inc. (NASDAQ:ECOR)

HighTower Advisors LLC acquired a new stake in electroCore, Inc. (NASDAQ:ECOR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 35,342 shares of the company’s stock, valued at approximately $255,000. HighTower Advisors LLC owned 0.55% of electroCore as of its most recent SEC filing.

Separately, International Assets Investment Management LLC raised its stake in electroCore by 689.1% in the 3rd quarter. International Assets Investment Management LLC now owns 535,146 shares of the company’s stock valued at $3,864,000 after acquiring an additional 467,326 shares during the period. Institutional investors own 26.74% of the company’s stock.

Analyst Upgrades and Downgrades

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

electroCore Stock Performance

Shares of ECOR opened at $16.26 on Wednesday. The firm has a market cap of $106.58 million, a P/E ratio of -8.89 and a beta of 0.57. electroCore, Inc. has a 52 week low of $5.25 and a 52 week high of $17.89. The firm’s 50-day simple moving average is $12.02 and its 200 day simple moving average is $8.35.

electroCore 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.