Veradigm (NASDAQ:MDRX) Sees Strong Trading Volume – Still a Buy?

Veradigm Inc. (NASDAQ:MDRX) saw an uptick in trading volume on Thursday . 35,125 shares were traded during trading, an increase of 85% from the previous session’s volume of 18,944 shares.The stock last traded at $4.90 and had previously closed at $4.75.

Veradigm Trading Up 2.9%

The firm has a market cap of $532.52 million, a PE ratio of 23.25 and a beta of 0.51. The company has a 50-day simple moving average of $4.78 and a 200 day simple moving average of $4.76.

Veradigm Company Profile

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.