Shares of Allscripts Healthcare Solutions Inc. (NASDAQ:MDRX) traded today at $17.88, eclipsing its 52-week high. Approximately 1 million shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares.
Over the past year, Allscripts Healthcare Solutions Inc. has traded in a range of $4.56 to $17.88 and is now at $17.83, 291% above that low.
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.
Allscripts Healthcare Solutions Inc. (NASDAQ:MDRX) has potential upside of 244.3% based on a current price of $17.83 and analysts’ consensus price target of $61.38.
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