Veradigm (NASDAQ:MDRX) Shares Gap Down – What’s Next?

Veradigm Inc. (NASDAQ:MDRX)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $10.75, but opened at $10.00. Veradigm shares last traded at $10.43, with a volume of 2,229 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Veradigm in a report on Tuesday, December 3rd. They issued a “hold” rating for the company. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $11.75.

Veradigm Trading Down 1.4 %

The firm’s fifty day moving average price is $9.89 and its two-hundred day moving average price is $9.68.

Institutional Investors Weigh In On Veradigm

A hedge fund recently bought a new stake in Veradigm stock. Innealta Capital LLC bought a new position in shares of Veradigm Inc. (NASDAQ:MDRX) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,974 shares of the software maker’s stock, valued at approximately $38,000.

About Veradigm

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.