Allscripts Healthcare Solutions (MDRX) Shares are Up 0.79%

Allscripts Healthcare Solutions (MDRX) has been under a strong bear grip, hence the stock is down -9.65% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.46% in the past 1 week. The stock has risen by 0.79% in the past week indicating that the buyers are active at lower levels, but the stock is down -9.84% in the past 4 weeks.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 5.24% and the fifty day Moving Average is 4.74%. Allscripts Healthcare Solutions, Inc. has dropped 4.36% during the last three month period . Year-to-Date the stock performance stands at -17.23%.

Allscripts Healthcare Solutions (MDRX) : Average target price received by Allscripts Healthcare Solutions (MDRX) is $16.15 with an expected standard deviation of $1.53. The most aggressive target on the stock is $18, whereas the most downbeat target is $14. 10 financial analysts are currently covering the stock.


Allscripts Healthcare Solutions (NASDAQ:MDRX): On Fridays trading session , Opening price of the stock was $12.84 with an intraday high of $13. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.6. However, the stock managed to close at $12.73, a loss of 1.01% for the day. On the previous day, the stock had closed at $12.86. The total traded volume of the day was 1,466,715 shares.

Allscripts Healthcare Solutions, Inc. is engaged in engaged in delivering Information Technology (IT) and services. The Company sells its solutions to physicians, hospitals, governments, health systems, health plans, retail clinics, retail pharmacies, pharmacy benefit managers and post-acute organizations, such as home health and hospice agencies. The Company operates through three segments: Clinical and Financial Solutions, Population Health, and Managed Services. The Companys solutions enable healthcare professionals with the data, insights, and connectivity. The Company offers Ambulatory Solutions, Acute Care Solutions, Population Health Management Solutions and services. Ambulatory solutions include Allscripts TouchWorks HER and Allscripts Professional HER, among others. The Companys acute care offers clinical, access, financial, and departmental solutions. The Company designs its population health management solutions for hospitals, health systems, among others.

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