The stock of Veradigm Inc. (MDRX) has seen a 2.19% increase in the past week, with a -0.53% drop in the past month, and a 12.38% flourish in the past quarter. The volatility ratio for the week is 5.04%, and the volatility levels for the past 30 days are at 3.87% for MDRX. The simple moving average for the past 20 days is 0.49% for MDRX’s stock, with a -9.06% simple moving average for the past 200 days.
Is It Worth Investing in Veradigm Inc. (NASDAQ: MDRX) Right Now?
Veradigm Inc. (NASDAQ: MDRX) has a price-to-earnings ratio that is above its average at 13.89x. and a 36-month beta value of 0.94. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The average price predicted for Veradigm Inc. (MDRX) by analysts is $17.50, which is $4.93 above the current market price. The public float for MDRX is 106.56M, and at present, short sellers hold a 7.81% of that float. On September 19, 2023, the average trading volume of MDRX was 856.30K shares.
MDRX) stock’s latest price update
Veradigm Inc. (NASDAQ: MDRX)’s stock price has gone rise by 7.04 in comparison to its previous close of 12.21, however, the company has experienced a 2.19% increase in its stock price over the last five trading days. Zacks Investment Research reported 2023-05-15 that Veradigm (MDRX) continues to hold on to investors’ interests owing to its strategic alliances.
MDRX Trading at -0.91% from the 50-Day Moving Average
After a stumble in the market that brought MDRX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.89% of loss for the given period.
Volatility was left at 3.87%, however, over the last 30 days, the volatility rate increased by 5.04%, as shares sank -0.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.65% upper at present.
During the last 5 trading sessions, MDRX rose by +2.19%, which changed the moving average for the period of 200-days by -28.93% in comparison to the 20-day moving average, which settled at $13.00. In addition, Veradigm Inc. saw -25.91% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MDRX starting from Poulton Richard J., who sale 10,000 shares at the price of $17.33 back on Feb 16. After this action, Poulton Richard J. now owns 669,017 shares of Veradigm Inc., valued at $173,304 using the latest closing price.
Poulton Richard J., the CEO of Veradigm Inc., sale 10,000 shares at $17.38 during a trade that took place back on Feb 15, which means that Poulton Richard J. is holding 679,017 shares at $173,835 based on the most recent closing price.
Stock Fundamentals for MDRX
Current profitability levels for the company are sitting at:
- +5.79 for the present operating margin
- +38.28 for the gross margin
The net margin for Veradigm Inc. stands at +8.91. The total capital return value is set at 4.59, while invested capital returns managed to touch 7.14. Equity return is now at value 4.70, with 2.90 for asset returns.
Based on Veradigm Inc. (MDRX), the company’s capital structure generated 30.86 points at debt to equity in total, while total debt to capital is 23.58. Total debt to assets is 17.92, with long-term debt to equity ratio resting at 29.46. Finally, the long-term debt to capital ratio is 22.52.
When we switch over and look at the enterprise to sales, we see a ratio of 1.88, with the company’s debt to enterprise value settled at 0.16. The receivables turnover for the company is 3.23 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.39.
Conclusion
To sum up, Veradigm Inc. (MDRX) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
