Free Trial

Veradigm (NASDAQ:MDRX) Shares Gap Down - Here's What Happened

Veradigm logo with Business Services background

Veradigm Inc. (NASDAQ:MDRX - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $10.21, but opened at $9.75. Veradigm shares last traded at $10.00, with a volume of 4,082 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Veradigm in a research note on Wednesday, December 11th. They set a "hold" rating for the company. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Veradigm currently has a consensus rating of "Hold" and a consensus target price of $11.75.

View Our Latest Report on Veradigm

Veradigm Stock Performance

The firm has a 50 day simple moving average of $9.96 and a two-hundred day simple moving average of $9.74.

Institutional Investors Weigh In On Veradigm

An institutional investor recently bought a new position in Veradigm stock. Innealta Capital LLC bought a new position in shares of Veradigm Inc. (NASDAQ:MDRX - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 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.

Read More

Should you invest $1,000 in Veradigm right now?

Before you consider Veradigm, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Veradigm wasn't on the list.

While Veradigm currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?
SoundHound Stock Explodes Again – Is a Major Breakout Coming?
How Fintech Strategy at FinWise Bancorp and CEO Vision Are Driving 78% Gains

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines