Inovalon Holdings Inc. (NASDAQ:INOV) traded today at a new 52-week high of $28.84. Approximately 147,000 shares have changed hands today, as compared to an average 30-day volume of 594,000 shares.
Inovalon Holdings Inc. (NASDAQ:INOV) is currently priced 3.9% above its average consensus analyst price target of $27.51.
In the past 52 weeks, Inovalon Holdings Inc. share prices are bracketed by a low of $15.15 and a high of $28.84 and is now at $28.62, 89% above that low price.
Inovalon Holdings Inc provides cloud-based analytics and platforms for healthcare providers and pharmaceutical firms. Its platform can be used to identify gaps in care, quality, data integrity, and financial performance. The primary capabilities of Inovalon’s big data platform are data integration, advanced analytics, intervention platforms, and business processing. It maintains a registry of data compiled from several sources, including electronic health records, claims, and pharmacies. Analytics run on this data can determine the presence of a disease, gaps in clinical outcomes, or medical compliance.
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