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

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on MDRX shares. StockNews.com started coverage on Veradigm in a report on Monday. They issued a “hold” rating on the stock. Stephens lifted their price target on Veradigm from $7.00 to $13.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st.

Read Our Latest Stock Analysis on MDRX

Veradigm Price Performance

The company has a 50 day simple moving average of $6.39 and a 200-day simple moving average of $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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