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Allscripts (MDRX) Looks Good: Stock Adds 9.1% in Session

Zacks Equity Research

Allscripts Healthcare Solutions, Inc. MDRX was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $5.86 –$7.58 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Allscripts currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Allscripts Healthcare Solutions, Inc. Price

Allscripts Healthcare Solutions, Inc. Price
Allscripts Healthcare Solutions, Inc. Price


Allscripts Healthcare Solutions, Inc. price | Allscripts Healthcare Solutions, Inc. Quote

Investors interested in the Medical Info Systems industry may consider Syneos Health Inc SYNH, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Allscripts Healthcare Solutions, Inc. (MDRX) : Free Stock Analysis Report
 
Syneos Health, Inc. (SYNH) : Free Stock Analysis Report
 
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