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StockNews.com Initiates Coverage on Veradigm (NASDAQ:MDRX)

Veradigm logo with Business Services background

Equities research analysts at StockNews.com started coverage on shares of Veradigm (NASDAQ:MDRX - Get Free Report) in a report released on Saturday. The firm set a "hold" rating on the software maker's stock.

Veradigm Price Performance

NASDAQ:MDRX traded up $0.10 during trading hours on Friday, hitting $9.60. 255,220 shares of the stock were exchanged, compared to its average volume of 287,240. Veradigm has a 52-week low of $5.01 and a 52-week high of $13.22. The firm's fifty day moving average price is $9.49 and its 200 day moving average price is $9.23.

Institutional Investors Weigh In On Veradigm

An institutional investor recently bought a new position in Veradigm stock. Innealta Capital LLC acquired a new position in shares of Veradigm Inc. (NASDAQ:MDRX - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,974 shares of the software maker's stock, valued at approximately $38,000.

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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