Price Action Don’t Lie: Could Tabula Rasa HealthCare Inc Gain Strenght? The Stock Reaches 52 Week Low

Price Action Don't Lie: Could Tabula Rasa HealthCare Inc Gain Strenght? The Stock Reaches 52 Week Low

The stock of Tabula Rasa HealthCare Inc (NASDAQ:TRHC) is a huge mover today! About 102,795 shares traded hands. Tabula Rasa HealthCare Inc (NASDAQ:TRHC) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.
The move comes after 8 months negative chart setup for the $170.90M company. It was reported on Nov, 16 by Barchart.com. We have $9.81 PT which if reached, will make NASDAQ:TRHC worth $17.09M less.

Tabula Rasa HealthCare Inc (NASDAQ:TRHC) Ratings Coverage

Out of 3 analysts covering Tabula Rasa HealthCare (NASDAQ:TRHC), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Tabula Rasa HealthCare has been the topic of 3 analyst reports since October 24, 2016 according to StockzIntelligence Inc. The stock has “Buy” rating given by UBS on Monday, October 24. The stock has “Overweight” rating given by Piper Jaffray on Monday, October 24. On Monday, October 24 the stock rating was initiated by Wells Fargo with “Outperform”.

According to Zacks Investment Research, “Tabula Rasa HealthCare, Inc. is a provider of patient-specific, data-driven technology and solutions which enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk. The company’s cloud-based software applications including EireneRx and MedWise Advisor which provide solutions to payers, providers and other healthcare organizations. Tabula Rasa HealthCare, Inc. is based in NJ, United States.”

More notable recent Tabula Rasa HealthCare Inc (NASDAQ:TRHC) news were published by: Globenewswire.com which released: “Tabula Rasa HealthCare to Participate in the 28th Annual Piper Jaffray …” on November 16, 2016, also Nasdaq.com with their article: “Tabula Rasa HealthCare Inc. (TRHC), Interview with Dr. Calvin Knowlton, CEO” published on November 08, 2016, Seekingalpha.com published: “IPO Preview: Tabula Rasa HealthCare Inc.” on September 27, 2016. More interesting news about Tabula Rasa HealthCare Inc (NASDAQ:TRHC) were released by: Globenewswire.com and their article: “Tabula Rasa HealthCare Announces Pricing of Initial Public Offering” published on September 28, 2016 as well as Businesswire.com‘s news article titled: “Tabula Rasa HealthCare Names Chief Scientific Officer: Jacques Turgeon, B …” with publication date: July 08, 2015.

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