It is likely the electroCore Inc (NASDAQ:ECOR) is perhaps going to come into focus among many investors today after the company’s stock managed to make a strong recovery and ending the day with gains of 5%. At the same time, it is perhaps also necessary to keep in mind that the stock has performed poorly in the past week and despite the recovery, it is still down by as much as 15%.
Trading Data
On Tuesday, ECOR stock gained 4.65% at $0.6817 with more than 1.04 million shares, compared to its average volume of 2.38 million shares. The stock has moved within a range of $0.6450 – 0.7092 after opening trade at $0.6450.
Announces Three Abstracts to be Presented at International Stroke Conference 2022
Yesterday, the bio-electronic medicine firm came into focus after it made an announcement with regards to a presentation it will make American Heart Association’s 2022 International Stroke Conference. The event is going to be held in New Orleans, Louisiana from February 9 to February 12 this year.
At the aforementioned presentation, the company is going to display three abstracts which are going to showcase the mechanism that could be associated with nNVS when it comes to the treatment of stroke. It goes without saying that the company’s presence at the event could prove to be a significant milestone and could give it much needed exposure in the industry. In light of the recovery yesterday, it may be a good time to perhaps consider keeping track of the electroCore stock today.
Technical Data
ECOR stock is trading below the 50-Day and 200-Day Moving averages of $0.71 and $1.12 respectively. However, the stock is trading above the 20-Day moving average of $0.67.
