Exela Technologies, Inc. (Exela), formerly Quinpario Acquisition Corp. 2, is engaged in providing information and transaction processing solutions. The Company’s segments include Information and Transaction Processing Solutions (ITPS), Healthcare Solutions (HS) and Legal & Loss Prevention Services (LLPS). ITPS provides industry solutions for banking and financial services, including lending solutions for mortgages, banking solutions for clearing, anti-money laundering, sanctions, cross-border settlement; property and casualty insurance solutions for enrollments, and communications. The HS segment offerings include integrated accounts payable and accounts receivable, and information management for both the healthcare payer and provider markets. The LLPS segment solutions include processing of legal claims for class action and mass action settlement administrations, involving project management support, notification and collection, analysis, and distribution of settlement funds.
Exela Technologies Trading Down 3.5 %
Shares of NASDAQ:XELA traded down $0.05 during trading on Wednesday, reaching $1.38. The stock had a trading volume of 16,617 shares, compared to its average volume of 18,907,628. Exela Technologies has a 52 week low of $1.18 and a 52 week high of $54.40. The stock has a fifty day simple moving average of $2.99 and a two-hundred day simple moving average of $7.18.