MDRX - Watch for Continued Gains in Shares of Allscripts Healthcare Solutions Inc. (MDRX)
Allscripts Healthcare Solutions Inc. (NASDAQ:MDRX) traded at a new 52-week high today of $18.14. This new high was reached on below average trading volume as 113,000 shares traded hands, while the average 30-day volume is approximately 1.6 million shares.
Over the past year, Allscripts Healthcare Solutions Inc. has traded in a range of $5.77 to $18.14 and is now at $18.05, 213% above that low.
Allscripts Healthcare Solutions Inc. (NASDAQ:MDRX) is currently priced 5.1% above its average consensus analyst price target of $17.12.
Allscripts Healthcare Solutions provides information technology and offerings to acute and ambulatory providers as well as hospital services. The company supports electric medical records, private cloud hosting, and other clinical services that support patient engagement and better outcomes. Additionally, the company offers administrative tools and services to improve operations, such as practice management, revenue cycle management, and clinical care coordination. Allscripts was founded in 1986 and is headquartered in Chicago.
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