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

Stock analysts at StockNews.com assumed coverage on shares of Veradigm (NASDAQ:MDRXGet Free Report) in a research note issued to investors on Monday. The firm set a “hold” rating on the software maker’s stock.

Veradigm Stock Down 1.4 %

Shares of NASDAQ MDRX opened at $10.84 on Monday. The firm’s 50-day moving average price is $9.71 and its 200-day moving average price is $9.44. Veradigm has a 52-week low of $5.01 and a 52-week high of $12.66.

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 Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,974 shares of the software maker’s stock, valued at approximately $38,000.

About Veradigm

(Get Free Report)

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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