WallStreetZenWallStreetZen

How to Buy Electrocore Stock

Electrocore Inc

electroCore, Inc. , a commercial stage medical device company, engages in the development and commercialization of a range of non-invasive vagus nerve stimulation (nVNS) therapies.

Electrocore stock last closed at $5.87, down 4.71% from the previous day, and has increased 12.88% in one year. It has overperformed other stocks in the Medical Devices industry by 0.19 percentage points. Electrocore stock is currently +51.68% from its 52-week low of $3.87, and -27.35% from its 52-week high of $8.08.

There are currently 6M ECOR shares outstanding. The market value of ECOR is $35.24M. In the past 24 hours, 33,776 ECOR shares were traded.

How to Buy Electrocore Stock

Not sure how to invest in Electrocore stock? Here's how.
  1. Choose where to buy Electrocore stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Electrocore stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Choose your method of payment and add your info.
  4. Research Electrocore stock: The Electrocore ticker symbol is ECOR. Is Electrocore stock a good investment? Should you buy shares of ECOR? How do ECOR's underlying business fundamentals look? Do top analysts think Electrocore is a good buy? Why has ECOR's stock price moved recently? (Hint: Our stock research website can help you figure out if ECOR is a good stock to buy).
  5. Make your ECOR buy order: Decide if you will purchase ECOR shares at the current market price or use a limit order to buy ECOR stock at a given price.
  6. Monitor your investment in ECOR: Create a watchlist to keep track of your new investment in Electrocore shares.

Step 1: Choose where to buy Electrocore stock

You will need a brokerage account in order to access the NASDAQ market and buy ECOR shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our experience, eToro is the best online stock brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to global markets: From Technology to Utilities, New York to Hong Kong — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your stock purchase by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for your brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal information so you can invest in ECOR today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal info to start your new brokerage account.
  1. Submit your info by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your brokerage account

Now that you've created your account on the best stock investing app, your next step is to transfer the money for your investment:

Watch the walkthrough below to see the process of transferring funds into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Electrocore stock

After you have decided on the best place to buy Electrocore stock, it's crucial to evaluate their stock before you invest, so you can understand the risk and upside.

Electrocore Numbers

ECOR Price
$5.87
1w %
-7.85%
1y %
12.88%
5y %
-94.8%
P/E
-1.72x
P/B
4.73x
P/S
2.02x
PEG
N/A
Revenue
$16.03M
Earnings
-$18.83M
Fore. Rev. Growth
45.95%
Fore. Earn. Growth
N/A
Market Cap
$35.24M
Next Earnings
May 1, 2024
Next Dividend
N/A

Electrocore Overview

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on ECOR's stock page.

Is ECOR stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ECOR's intrinsic value.

Using relative valuations methods:

  • ECOR may be overvalued based on its P/B ratio of 4.73x, relative to Medical Devices industry P/B ratio of 4.1x

You can do more valuation research on ECOR's stock here.

ECOR Financial Overview

Signs that ECOR is financially healthy:

  • There are more short-term assets than long-term liabilities on the ECOR balance sheet.
  • ECOR has $10.58M in cash and short term investments. This is sufficient to cover its annual cash burn of $14.87M.
  • There are more short-term assets than short-term liabilities on the ECOR balance sheet.

Signs that ECOR is not financially healthy:

  • Total ECOR debt is higher than 5 years ago, relative to shareholder equity.
  • ECOR profit margin has gone up by 1.4 percentage points in the past year, but the company is still unprofitable.
  • ECOR has a relatively high debt to equity ratio of 1.16.
  • ECOR has cash burn of 14874000. It does not have enough cash and short-term investments to cover this.

Is Electrocore stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Equities analysts who monitor ECOR, the consensus analyst rating on Electrocore is a Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Electrocore stock forecast page.

ECOR Technical Indicators

SMA10
6.38
SMA20
6.52
SMA50
6.9
SMA100
6.35
SMA200
5.74
MACD
-0.19
MACD Signal
-0.13
MACD Histogram
-0.06
RSI
36.39
Stochastic %K
12.74
Stochastic %D
19.78
StochRSI %K
29.06
StochRSI %D
35.85

ECOR Earnings

Last year, ECOR revenue was $16.03M. Over the past five year, ECOR's revenue has increased by 74.42% per year. This was faster than the Medical Devices industry average of 13.08%.

Learn more about ECOR's earnings and revenue performance here.

Who is buying/selling ECOR?

In the past 12 months, insiders at ECOR have bought more shares than they have sold.

Daniel S. Goldberger, Chief Executive Officer of ECOR, was the latest ECOR insider to buy. They bought $8,332.50 worth of ECOR shares on Sep 15, 2023.

Dig into more about who owns ECOR shares here.

Does ECOR provide a stable income stream?

No, Electrocore doesn't provide an income stream by paying out dividends.

What do other investors have to say about ECOR?

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your ECOR buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.

Click the Open button and your broker will place the order.

If you require more info about investing in stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Monitor your investment in ECOR

Now that you own some ECOR stock, you'll want to keep up with your new shares.

Start a watchlist to track your ECOR stock.

ECOR Feed

How to Buy Stock in Electrocore

To summarize, here are the 6 steps to buy Electrocore stock:

  1. Choose where to buy Electrocore stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Research Electrocore stock
  5. Make your ECOR buy order
  6. Monitor your investment in ECOR

If you are looking for a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in Electrocore, get started below.

NASDAQ: ECOR
$5.87-0.29 (-4.71%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: ECOR
$5.87-0.29 (-4.71%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Electrocore share?

As of Mar 27, 2024, it costs $5.87 to buy one share of Electrocore stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.341 shares of ECOR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Electrocore stock?

According to 1 Wall Street analysts who monitor Electrocore, their consensus recommendation is to buy Electrocore stock.

What is the best way to buy Electrocore stock?

One way to place an order for Electrocore stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.