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

Veradigm Inc. (NASDAQ:MDRXGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 714,071 shares changed 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 fifty day simple moving average of $4.78 and a 200-day simple moving average of $4.76. The stock has a market cap of $490.05 million, a price-to-earnings ratio of 23.25 and a beta of 0.51.

About Veradigm

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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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