Shares of Allscripts Healthcare Solutions (MDRX) Rally 0.43%

On a relative basis, the stock has outperformed the S&P 500 by 7.37% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.43% in the last 1 week, and is up 12.07% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 7.27% and the 50-Day Moving Average is 6.12%.

Allscripts Healthcare Solutions (NASDAQ:MDRX): The stock opened at $14.15 on Friday but the bulls could not build on the opening and the stock topped out at $14.26 for the day. The stock traded down to $13.92 during the day, due to lack of any buying support eventually closed down at $13.93 with a loss of -1.35% for the day. The stock had closed at $14.12 on the previous day. The total traded volume was 2,061,249 shares.


The company Insiders own 0.75% of Allscripts Healthcare Solutions shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.6% . During last six month period, the net percent change held by insiders has seen a change of -5.04%. In a related news, The officer (SVP of Operations), of Allscripts Healthcare Solutions, Inc., Olis Dennis had unloaded 7,000 shares at $14 per share in a transaction on July 11, 2016. The total value of transaction was $98,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.