Shares of Veradigm Inc. (NASDAQ:MDRX - Get Free Report) traded down 4.5% during mid-day trading on Friday . The company traded as low as $9.00 and last traded at $9.75. 30,741 shares changed hands during trading, a decline of 98% from the average session volume of 1,502,042 shares. The stock had previously closed at $10.21.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on Veradigm in a research note on Wednesday. They issued a "hold" rating on the stock. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $11.75.
Read Our Latest Report on MDRX
Veradigm Stock Performance
The company's 50-day moving average price is $9.96 and its 200 day moving average price is $9.73.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Veradigm stock. Innealta Capital LLC bought a new stake in shares of Veradigm Inc. (NASDAQ:MDRX - Free Report) in the 2nd quarter, according to 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.
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