Quality Systems (QSII) is Upgraded by Raymond James to Outperform , according to the research report released to the investors. Earlier the firm had a rating of Mkt Perform on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.
Quality Systems Inc. is up 31.67% in the last 3-month period. Year-to-Date the stock performance stands at 8.3%.
Shares of Quality Systems, Inc. (NASDAQ:QSII) rose by 2.87% in the past week and 1.7% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 3.73% and the outperformance increases to 4.08% for the last 4 weeks.
Shares of Quality Systems, Inc. (NASDAQ:QSII) ended Thursday session in red amid volatile trading. The shares closed down 0.55 points or 3.3% at $16.12 with 359,434 shares getting traded. Post opening the session at $16.59, the shares hit an intraday low of $16.12 and an intraday high of $16.71 and the price vacillated in this range throughout the day. The company has a market cap of $981 million and the number of outstanding shares have been calculated to be 60,862,500 shares. The 52-week high of Quality Systems, Inc. (NASDAQ:QSII) is $18.75 and the 52-week low is $12.
Currently the company Insiders own 17.4% of Quality Systems, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 10% . Institutional Investors own 68.99% of Quality Systems, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of 10%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Frantz John R, CEO of Quality Systems, Inc, executed a transaction worth $38,625 on December 9, 2015. A total of 2,500 shares were purchased at an average price of $15.45. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Quality Systems, Inc. operates as four business divisions which: the QSI Dental Division, the NextGen Division, the Hospital Solutions Division and the RCM Services Division. The systems and services provide its clients with the ability to redesign patient care and other workflow processes while improving productivity through the facilitation of managed access to patient information. Utilizing its software in combination with third-party hardware and software solutions, its products enable the integration of a variety of administrative and clinical information operations. On April 15, 2012, it acquired Matrix Management Solutions, LLC (Matrix). In September 2013, it acquired Mirth Corporation.