Veradigm (NASDAQ:MDRX) Trading Up 8.9% – Here’s What Happened

Veradigm Inc. (NASDAQ:MDRX)’s share price rose 8.9% during mid-day trading on Wednesday . The stock traded as high as $4.90 and last traded at $4.90. Approximately 11,749 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 167,985 shares. The stock had previously closed at $4.50.

Analyst Ratings Changes

Separately, Wall Street Zen raised Veradigm to a “hold” rating in a research note on Saturday, March 7th.

Veradigm Price Performance

The firm has a market capitalization of $555.04 million, a PE ratio of 23.25 and a beta of 0.55. The company has a fifty day moving average of $4.60 and a 200-day moving average of $4.65.

Veradigm Company Profile

Veradigm, Inc (NASDAQ: MDRX) is a healthcare technology company that provides a comprehensive suite of clinical, financial and analytical solutions to medical practices, health systems and life sciences organizations. The company’s offerings are designed to streamline electronic health record (EHR) workflows, optimize revenue cycle management and improve patient engagement through integrated software modules and cloud-based platforms.

Veradigm’s product portfolio includes EHR and practice management systems tailored to ambulatory and specialty care settings, as well as revenue cycle management services that encompass billing, coding and claims processing.