Veradigm (NASDAQ:MDRX) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Veradigm Inc. (NASDAQ:MDRX – Get Free Report) crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $4.76 and traded as low as $3.45. Veradigm shares last traded at $4.75, with a volume of 2,480 shares changing hands.

Veradigm Price Performance

The business has a 50-day moving average of $4.87 and a 200-day moving average of $4.76. The firm has a market cap of $580.92 million, a price-to-earnings ratio of 23.25 and a beta of 0.50.

About Veradigm

(Get Free Report)

Veradigm Inc (NASDAQ:MDRX), formerly known as Allscripts Healthcare Solutions, is a healthcare technology company that provides software, data and connectivity solutions for healthcare organizations, physicians, patients, payers and life sciences companies. The company changed its name to Veradigm in 2023 to reflect its broader focus on using healthcare data to support clinical, operational and commercial decision-making.

Veradigm’s offerings include electronic health record and practice-management solutions, electronic prescribing, revenue-cycle and financial management tools, patient engagement services and healthcare information-exchange capabilities.

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