Watch for Continued Gains in Shares of Allscripts Healthcare Solutions Inc. (MDRX)

IBN Spotlights
Wednesday, January 26, 2022 at 3:23pm UTC

Shares of Allscripts Healthcare Solutions Inc. (NASDAQ:MDRX) traded today at $20.77, eclipsing its 52-week high. Approximately 373,000 shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares.

Allscripts Healthcare Solutions Inc. (NASDAQ:MDRX) is currently priced 23.1% above its average consensus analyst price target of $15.80.

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.

In the past 52 weeks, Allscripts Healthcare Solutions Inc. share prices are bracketed by a low of $13.05 and a high of $20.77 and is now at $20.54, 57% above that low price.

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