Veradigm (NASDAQ:MDRX) Trading Down 4.8% – Here’s Why

Shares of Veradigm Inc. (NASDAQ:MDRXGet Free Report) fell 4.8% during trading on Monday . The company traded as low as $5.00 and last traded at $5.00. 37,721 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 532,882 shares. The stock had previously closed at $5.25.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MDRX. Stephens raised their price objective on shares of Veradigm from $7.00 to $13.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. StockNews.com assumed coverage on shares of Veradigm in a research report on Monday. They set a “hold” rating for the company.

Get Our Latest Analysis on MDRX

Veradigm Stock Performance

The firm’s 50 day simple moving average is $6.39 and its 200 day simple moving average is $8.60.

Veradigm Company Profile

(Get Free Report)

Veradigm Inc, a healthcare technology company, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), information connectivity, private cloud hosting, outsourcing, analytics, patient access, and population health management solutions.

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