Veradigm (NASDAQ:MDRX) Stock Price Up 12.2% – Here’s What Happened

Veradigm Inc. (NASDAQ:MDRXGet Free Report)’s share price rose 12.2% during trading on Friday . The company traded as high as $5.05 and last traded at $5.05. Approximately 2,239 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 217,360 shares. The stock had previously closed at $4.50.

Veradigm Trading Up 12.2%

The stock has a market cap of $549.95 million, a PE ratio of 25.25 and a beta of 0.52. The business’s 50-day moving average price is $4.80 and its 200-day moving average price is $4.73.

Veradigm Company Profile

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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.

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