NEW YORK, December 21, 2016 /PRNewswire/ --
Stock-Callers.com today tracks four Healthcare Information Services equities to see how they have fared at the close: Cerner Corp. (NASDAQ: CERN), Veeva Systems Inc. (NYSE: VEEV), Rennova Health Inc. (NASDAQ: RNVA), and HealthEquity Inc. (NASDAQ: HQY). These stocks belong to the Technology sector which held on for moderate gains on Tuesday, December 20th, 2016, with shares of Tech companies in the S&P 500 recording a 0.3% gain in afternoon trade. Sign up today and download for free the research reports for the stocks covered today at:
On Tuesday, shares in Missouri headquartered Cerner Corp. recorded a trading volume of 1.91 million shares. The stock ended at $48.50, declining 0.39% from the last trading session. The Company's shares are trading below their 50-day moving average by 8.65%. Furthermore, shares of Cerner, which designs, develops, markets, installs, hosts, and supports health care information technology, health care devices, hardware, and content solutions for health care organizations and consumers in the US and internationally, have a Relative Strength Index (RSI) of 39.09.
On December 13th, 2016, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'.
On December 16th, 2016, the Unified Government of Wyandotte County and Kansas City, Kansas, in collaboration with Cerner, and the University of Kansas Hospital announced the opening of the Road to Wellness Health Center. Cerner's management of the health center will include primary care, health education through coaching, and prevention and wellness screening services centered on the preferences and risks of each plan member. CERN complete research report is just a click away at:
California headquartered Veeva Systems Inc.'s stock finished yesterday's session 0.26% higher at $43.03, with a total trading volume of 1.17 million shares. The Company's shares have gained 3.56% in the last one month, 3.12% over the previous three months, and 49.15% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.50% and 21.96%, respectively. Furthermore, shares of Veeva Systems, which provides industry cloud software and data solutions for the life sciences industry in North America, the European Union, the Asia Pacific, and internationally, have an RSI of 53.78.
On November 23rd, 2016, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $45 to $48.
On December 12th, 2016, Veeva Systems announced that Advanced Health Media, HealthSTAR Communications, MedForce, Physicians World, and Vector Health are leveraging the power of Veeva CRM Events Management to offer life sciences customers a full, end-to-end solution for enterprise-wide planning and execution of live and virtual events. The complimentary report on VEEV can be downloaded at:
At the closing bell on Tuesday, shares in West Palm Beach, Florida headquartered Rennova Health Inc. rose 1.44%, ending the day at $0.09. The stock recorded a trading volume of 4.91 million shares, which was above its three months average volume of 2.49 million shares. The Company's shares have advanced 2.92% in the last one month. The stock is trading 28.87% below its 50-day moving average. Moreover, shares of Rennova Health, which provides diagnostics and supportive software solutions to healthcare providers, have an RSI of 42.79.
On November 19th, 2016, Rennova Health announced the pricing of 12,350 shares of its Series H Convertible Preferred Stock at a per share price of $1,000. The Series H Preferred Stock has a stated value of $1,000 per share with each share convertible into 11,111 shares of common stock, at a conversion price of $0.09 per share. The gross proceeds from this offering are expected to be approximately $12,350,000 before deducting underwriting discounts and commissions and other estimated offering expenses. Sign up for your complimentary report on RNVA at:
Draper, Utah headquartered HealthEquity Inc.'s stock ended the day 0.25% higher at $40.29, with a total trading volume of 397,910 shares. The Company's shares have gained 11.30% over the previous three months and 60.71% on an YTD basis. The stock is trading 4.95% above its 50-day moving average and 29.83% above its 200-day moving average. Additionally, shares of HealthEquity, which provides various solutions for managing health care accounts, health reimbursement arrangements, and flexible spending accounts for health plans, insurance companies, and third-party administrators in the US, have an RSI of 47.38.
On December 7th, 2016, HealthEquity launched Balance Booster™. This new feature, available to employers offering HealthEquity Health savings account, provides members advance access to funds. Account holders with access to this feature no longer have to worry about incurring medical costs early in the year before their HSA balance has grown.
On December 13th, 2016, research firm Chardan Capital Markets initiated a 'Buy' rating on the Company's stock, issuing a target price of $50 per share. Download the research report for free on HQY at:
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