Veradigm (NASDAQ:MDRX) Shares Gap Down – Here’s Why

Veradigm Inc. (NASDAQ:MDRX)’s share price gapped down before the market opened on Monday . The stock had previously closed at $9.26, but opened at $8.90. Veradigm shares last traded at $9.45, with a volume of 24,377 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Veradigm in a research note on Friday, November 1st. They issued a “hold” rating on the stock. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $12.00.

Veradigm Stock Up 0.2 %

The business’s 50 day simple moving average is $9.50 and its 200-day simple moving average is $9.21.

Institutional Investors Weigh In On Veradigm

A hedge fund recently bought a new stake in Veradigm stock. Innealta Capital LLC acquired a new stake in Veradigm Inc. (NASDAQ:MDRX) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,974 shares of the software maker’s stock, valued at approximately $38,000.

Veradigm Company Profile

Veradigm Inc, a healthcare technology company, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), information connectivity, private cloud hosting, outsourcing, analytics, patient access, and population health management solutions.