StockNews.com Initiates Coverage on Veradigm (NASDAQ:MDRX)

StockNews.com began coverage on shares of Veradigm (NASDAQ:MDRXFree Report) in a research note published on Monday. The firm issued a hold rating on the software maker’s stock.

Veradigm Stock Down 1.7 %

Shares of MDRX stock opened at $10.40 on Monday. Veradigm has a fifty-two week low of $5.01 and a fifty-two week high of $12.66. The stock’s 50-day moving average is $9.77 and its two-hundred day moving average is $9.51.

Hedge Funds Weigh In On Veradigm

A hedge fund recently bought a new stake in Veradigm stock. Innealta Capital LLC bought a new stake in Veradigm Inc. (NASDAQ:MDRXFree Report) during the second quarter, according to the company in its most recent disclosure 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

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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.

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