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Veradigm (NASDAQ:MDRX) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Veradigm logo with Business Services background

Key Points

  • Veradigm Inc.'s stock price has surpassed its 200-day moving average of $4.57, trading at a high of $4.80 recently.
  • Wall Street Zen has initiated coverage on Veradigm, giving it a "hold" rating with a consensus target price of $13.00.
  • The company offers a range of healthcare technology solutions including electronic health records, analytics, and population health management.
  • MarketBeat previews the top five stocks to own by November 1st.

Veradigm Inc. (NASDAQ:MDRX - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.57 and traded as high as $4.80. Veradigm shares last traded at $4.80, with a volume of 5,241 shares traded.

Wall Street Analyst Weigh In

Separately, Wall Street Zen initiated coverage on Veradigm in a research report on Tuesday, May 20th. They set a "hold" rating on the stock. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $13.00.

Check Out Our Latest Analysis on MDRX

Veradigm Stock Up 1.1%

The business has a fifty day moving average price of $4.76 and a 200 day moving average price of $4.56.

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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