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Allscripts Healthcare (MDRX) Jumps: Stock Rises 9.3% - Tale of the Tape

Zacks Equity Research
Updated

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 upside came on the company’s release of preliminary results for the second quarter of 2015 that beat all estimates. This also led to far more shares changing hands in the last trading session. This continues the recent uptrend for the company as the stock is now up almost 14% since Jul 8.

In the last 30 days, the company has seen no estimate revisions and the Zacks Consensus Estimate also remained unchanged. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Allscripts Healthcare carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked medical info system stock is CollabRx, Inc. (CLRX), which sports a Zacks Rank #2 (Buy).

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