Tabula Rasa HealthCare Inc (NASDAQ:TRHC) CEO Calvin H. Knowlton sold 8,000 shares of the firm’s stock in a transaction dated Thursday, February 7th. The shares were sold at an average price of $52.73, for a total value of $421,840.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of TRHC opened at $55.53 on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.49 and a quick ratio of 0.46. The stock has a market capitalization of $1.10 billion, a PE ratio of -1,388.25, a P/E/G ratio of 3.35 and a beta of 1.79. Tabula Rasa HealthCare Inc has a 1 year low of $28.55 and a 1 year high of $91.16.
A number of brokerages recently commented on TRHC. Cantor Fitzgerald restated a “buy” rating and set a $99.00 target price on shares of Tabula Rasa HealthCare in a report on Tuesday, November 6th. Zacks Investment Research upgraded Tabula Rasa HealthCare from a “sell” rating to a “hold” rating in a report on Thursday, December 6th. Piper Jaffray Companies restated an “overweight” rating and set a $80.00 target price on shares of Tabula Rasa HealthCare in a report on Thursday, December 6th. BidaskClub cut Tabula Rasa HealthCare from a “sell” rating to a “strong sell” rating in a report on Saturday. Finally, Chardan Capital raised their target price on Tabula Rasa HealthCare from $77.00 to $91.00 and gave the company a “buy” rating in a report on Wednesday, November 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the company’s stock. Tabula Rasa HealthCare presently has a consensus rating of “Buy” and a consensus price target of $82.27.
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About Tabula Rasa HealthCare
Tabula Rasa HealthCare, Inc operates as a healthcare technology company in the United States. It offers medication risk management, pharmacy cost management, and medicare risk adjustment services. The company offers its technology-enabled products and services to prescribers, pharmacists, and healthcare organizations for medication risk management and risk adjustment.
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