Veradigm (NASDAQ:MDRX) Shares Gap Down – Here’s Why

Shares of Veradigm Inc. (NASDAQ:MDRXGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $5.10, but opened at $4.80. Veradigm shares last traded at $4.80, with a volume of 593 shares.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Veradigm to a “hold” rating in a report on Saturday, March 7th.

Get Our Latest Report on MDRX

Veradigm Price Performance

The company has a 50 day moving average price of $4.64 and a 200-day moving average price of $4.66. The company has a market cap of $614.04 million, a price-to-earnings ratio of 23.25 and a beta of 0.55.

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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