Veradigm Inc (NASDAQ: MDRX) is -27.55% lower on its value in year-to-date trading and has touched a low of $7.89 and a high of $16.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MDRX stock was last observed hovering at around $8.31 in the last trading session, with the day’s loss setting it -0.71%.
Currently trading at $7.60, the stock is -12.27% and -19.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.93 million and changing -8.54% at the moment leaves the stock -36.03% off its SMA200. MDRX registered -54.90% loss for a year compared to 6-month loss of -43.37%. The firm has a 50-day simple moving average (SMA 50) of $0.85 and a 200-day simple moving average (SMA200) of $4.34.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -19.15% gain in the last 1 month and extending the period to 3 months gives it a -39.10%, and is -9.09% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.68% over the week and 4.60% over the month.
Fwd P/E is 9.81. Distance from 52-week low is -3.68% and -55.25% from its 52-week high.
Veradigm Inc quarterly earnings per share for the current quarter are estimated at $0.3 with sales reaching $166.44M over the same period.The EPS is expected to grow by 2.10% this year, but quarterly earnings will post -59.40% year-over-year. Quarterly sales are estimated to shrink -57.50% in year-over-year returns.
Veradigm Inc (MDRX) Top Institutional Holders
329 institutions hold shares in Veradigm Inc (MDRX), with institutional investors hold 109.50% of the company’s shares. The shares outstanding are 109.26M, and float is at 107.73M with Short Float at 7.55%. Institutions hold 106.79% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 19.72 million shares valued at $248.48 million. The investor’s holdings represent 18.05% of the MDRX Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 14.2 million shares valued at $178.97 million to account for 13.00% of the shares outstanding. The other top investors are Dimensional Fund Advisors LP which holds 9.04 million shares representing 8.27% and valued at over $113.84 million, while State Street Corporation holds 3.69% of the shares totaling 4.03 million with a market value of $50.83 million.
Veradigm Inc (MDRX) Insider Activity
A total of 1 insider transactions have happened at Veradigm Inc (MDRX) in the last six months, with sales accounting for 1 and purchases happening 0 times.
Veradigm Inc (MDRX): Who are the competitors?
The company’s main competitors (and peers) include Streamline Health Solutions Inc. (STRM) that is trading -75.66% down over the past 12 months. McKesson Corp. (MCK) that is 48.36% higher over the same period.
