Allscripts Healthcare (MDRX) is Downgraded by Raymond James to Mkt Perform

Allscripts Healthcare (MDRX) is Downgraded by Raymond James to Mkt Perform , according to the research report released to the investors. Earlier the firm had a rating of Outperform on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.

Allscripts Healthcare Solutions, Inc. is up 25.04% in the last 3-month period. Year-to-Date the stock performance stands at 20.44%.

Shares of Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) rose by 1.05% in the past week and 1.59% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 1.89% and the outperformance increases to 3.96% for the last 4 weeks.

Shares of Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) ended Thursday session in red amid volatile trading. The shares closed down 0.04 points or 0.26% at $15.38 with 1,786,793 shares getting traded. Post opening the session at $15.36, the shares hit an intraday low of $15.265 and an intraday high of $15.57 and the price vacillated in this range throughout the day. The company has a market cap of $2,907 million and the number of outstanding shares have been calculated to be 189,015,100 shares. The 52-week high of Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) is $15.78 and the 52-week low is $11.33.

Currently the company Insiders own 0.82% of Allscripts Healthcare Solutions, Inc. shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of -19.19%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Hewitt James, officer (SVP Development) of Allscripts Healthcare Solutions, Inc., unloaded 70,000 shares at an average price of $14.17 on August 17, 2015. The total amount of the transaction was worth $991,900, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Allscripts Healthcare Solutions, Inc. (Allscripts) is a provider of clinical, financial, connectivity and information solutions and related professional services to hospitals, physicians and post-acute organizations. The Company provides a variety of integrated clinical software applications for hospitals, physician practices and post-acute organizations. For hospitals and health systems these applications include its Sunrise Enterprise suite of clinical solutions, consisting of a range of acute care Electronic Health Record (EHR), integrated with financial/administrative solutions, including performance management and revenue cycle/access management. The Companys acute care solutions include Emergency Department Information System (EDIS), care management and discharge management. In July 2014, Allscripts acquired Oasis Medical Solutions Ltd.