Allscripts Healthcare Solutions (MDRX) Shares are Down -0.6%

Allscripts Healthcare Solutions (MDRX) has risen sharply, recording gains of 2.25% in the past 4 weeks. However, the stock has corrected -0.6% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.8% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.44% and the 50-Day Moving Average is 0.82%.The 200 Day SMA reached 1.46%


Allscripts Healthcare Solutions (NASDAQ:MDRX): After opening at $13.03, the stock dipped to an intraday low of $12.91 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $13.225 and the buying power remained strong till the end. The stock closed at $13.17 for the day, a gain of 2.01% for the day session. The total traded volume was 1,589,918. The stocks close on the previous trading day was $13.17.

Allscripts Healthcare Solutions (MDRX) : The consensus price target for Allscripts Healthcare Solutions (MDRX) is $15.85 for the short term with a standard deviation of $1.63. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $18, however, the pessimist price target for the company is $14.

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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