Medical Transcription Billing, Corp. (NASDAQ:MTBC) had its price objective raised by Chardan Capital from $2.25 to $2.75 in a research note released on Tuesday morning. Chardan Capital currently has a buy rating on the technology company’s stock.
MTBC has been the topic of several other reports. ValuEngine downgraded Medical Transcription Billing, Corp. from a hold rating to a sell rating in a research note on Monday, October 2nd. Zacks Investment Research downgraded Medical Transcription Billing, Corp. from a hold rating to a sell rating in a research note on Tuesday, October 10th.
Shares of Medical Transcription Billing, Corp. (NASDAQ:MTBC) traded down $0.07 during trading hours on Tuesday, hitting $2.40. The stock had a trading volume of 321,500 shares, compared to its average volume of 1,218,755. Medical Transcription Billing, Corp. has a twelve month low of $0.29 and a twelve month high of $5.44. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01.
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Medical Transcription Billing, Corp. Company Profile
Medical Transcription Billing, Corp. is a healthcare information technology company that provides an integrated suite of Web-based solutions, together with related business services, to healthcare providers practicing in ambulatory care settings. The Company’s offering, PracticePro, allows healthcare practices with the core software and business services on Software-as-a-Service (SaaS) platform.
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