Veradigm (NASDAQ:MDRX) Trading 10.1% Higher – Here’s Why

Veradigm Inc. (NASDAQ:MDRXGet Free Report)’s stock price was up 10.1% on Wednesday . The company traded as high as $5.12 and last traded at $5.12. 3,815 shares traded hands during trading, a decline of 97% from the average session volume of 151,905 shares. The stock had previously closed at $4.65.

Veradigm Stock Performance

The stock’s fifty day simple moving average is $4.86 and its two-hundred day simple moving average is $4.67. The company has a market cap of $582.15 million, a price-to-earnings ratio of 23.25 and a beta of 0.53.

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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