Veradigm (NASDAQ:MDRX) Sees Large Volume Increase – Here’s Why

by · The Markets Daily

Veradigm Inc. (NASDAQ:MDRX – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 78,340 shares changed hands during trading, an increase of 246% from the previous session’s volume of 22,659 shares.The stock last traded at $4.60 and had previously closed at $4.85.

Veradigm Trading Down 4.1%

The firm has a market cap of $506.39 million, a PE ratio of 23.25 and a beta of 0.51. The stock’s 50 day moving average price is $4.78 and its 200 day moving average price is $4.75.

Veradigm Company Profile

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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.

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