Veradigm (NASDAQ:MDRX) Sees Strong Trading Volume – What’s Next?
by Sarita Garza · The Markets DailyShares of Veradigm Inc. (NASDAQ:MDRX – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 714,071 shares traded hands during trading, an increase of 142% from the previous session’s volume of 294,821 shares.The stock last traded at $5.00 and had previously closed at $4.91.
Veradigm Trading Down 8.4%
The firm has a market capitalization of $490.05 million, a price-to-earnings ratio of 23.25 and a beta of 0.51. The company’s 50 day moving average is $4.78 and its 200-day moving average is $4.76.
About Veradigm
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.