Tabula Rasa HealthCare TRHC Stock Price has been trying to recover since it’s July high of almost $52.50. It is trading at 1,600% over normal volume!
Wondering why this stock is having such a hard time and if it can break the overall trend? Before we do, remember to stop what you are doing and 👇 Sign up for our newsletter to get the latest breakout stocks and trending stocks!
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Stocks that move more than 100% in a month! TRHC Stock Price could?
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Now, let’s go over some of the basic information on this stock before we get in the technical analysis
Tabula Rasa HealthCare Company Information
Company Name: Tabula Rasa HealthCare Inc.
Ticker: TRHC
Exchange: NASDAQ
Website: https://www.tabularasahealthcare.com/
Tabula Rasa HealthCare Company Summary:
Tabula Rasa Healthcare, Inc. is a healthcare technology company, which engages in the development of solutions designed for pharmacists, providers, and patients to optimize medication regimens. It operates through the following segments: CareVention HealthCare and MedWise HealthCare. The CareVention HealthCare segment provides services, PACE, which is a center for Medicare & Medicaid services, or CMS, sponsored program providing medical and social services. Its brands include CareKinesis, Capstone Risk Adjustment Services, PACElogic, TruChart, PeakTPA, PersonifilRx, and Pharmastar. The MedWise HealthCare segment provides Medication Therapy Management, or MTM, software and services for Medicare, Medicaid, and commercial health plans, and also provides a cloud-based patient engagement software and services. It offers cloud-based software and clinical pharmacist services through its brands, including MedWise, SinfoníaRx, RxCompanion, PrescribeWellness, and DoseMeRx. The company was founded by Calvin H. Knowlton, Orsula V. Knowlton, and Michael Greenhalgh in April 2009 and is headquartered in Moorestown, NJ.
TRHC stock price is due to News?
June 21, 2022 /PRNewswire/ — Tabula Rasa HealthCare, Inc.(R) (TRHC)(NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, announced today that it has entered into a definitive agreement to sell its PrescribeWellness business, a provider of best-in-class patient relationship management solutions, to Transaction Data Systems (TDS).
TRHC 5 Day Chart
TRHC Stock Price Technical Analysis:
Based on the announcement today that it they entered into a definitive agreement to sell its Prescribe Wellness business this could make it bounce. However, there should be a pullback and I would wait until that time.
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