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Veradigm (NASDAQ:MDRX) Stock Price Down 6.5% - Here's Why

Veradigm logo with Business Services background

Veradigm Inc. (NASDAQ:MDRX - Get Free Report) was down 6.5% during mid-day trading on Thursday . The stock traded as low as $9.10 and last traded at $9.12. Approximately 3,170 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 1,442,525 shares. The stock had previously closed at $9.75.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Veradigm in a report on Friday, December 27th. They set a "hold" rating for the company. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $11.75.

Read Our Latest Analysis on Veradigm

Veradigm Stock Performance

The firm's 50-day simple moving average is $10.04 and its two-hundred day simple moving average is $9.73.

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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