Veradigm (NASDAQ:MDRX) Shares Gap Up – Should You Buy?

Shares of Veradigm Inc. (NASDAQ:MDRX) gapped up before the market opened on Tuesday . The stock had previously closed at $4.50, but opened at $4.80. Veradigm shares last traded at $4.80, with a volume of 4,007 shares trading hands.

Veradigm Price Performance

The company’s 50 day simple moving average is $4.80 and its two-hundred day simple moving average is $4.73. The stock has a market capitalization of $490.05 million, a P/E ratio of 22.50 and a beta of 0.52.

About Veradigm

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.