Veradigm (NASDAQ:MDRX) Shares Down 5% – Here’s What Happened

Veradigm Inc. (NASDAQ:MDRX – Get Free Report)’s share price fell 5% during mid-day trading on Wednesday. The company traded as low as $4.75 and last traded at $4.75. 1,587 shares changed hands during trading, a decline of 99% from the average session volume of 122,418 shares. The stock had previously closed at $5.00.

Veradigm Stock Performance

The stock has a 50 day moving average of $4.87 and a two-hundred day moving average of $4.77. The stock has a market cap of $580.92 million, a PE ratio of 23.25 and a beta of 0.56.

About Veradigm

(Get Free Report)

Veradigm Inc is a healthcare technology company that develops software, data, and connectivity solutions for healthcare providers, payers, pharmaceutical and life sciences companies, and other organizations across the healthcare ecosystem. The company’s offerings are designed to support clinical workflows, improve patient engagement, facilitate information exchange, and help organizations use healthcare data more effectively.

Its products and services include electronic health record and practice-management software, revenue-cycle management tools, e-prescribing and patient-engagement solutions, and analytics and data services.

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