Tabula Rasa HealthCare Inc. (TRHC) is set to bring smile on the investors face as Analysts sets mean Target price of $44.33

For the readers interested in the stock health of Tabula Rasa HealthCare Inc. (TRHC). It is currently valued at $37.13. When the transactions were called off in the previous session, Stock hit the highs of $39.87, after setting-off with the price of $39.87. Company’s stock value dipped to $37.11 during the trading on the day. When the trading was stopped its value was $39.82.

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Recently in News on December 17, 2020, TRHC’s DoseMeRx® Partners with Physiomics to Provide Precision Dosing for Oncology Medications. Tabula Rasa HealthCare, Inc. (“TRHC”) (NASDAQ: TRHC), a healthcare technology company advancing the field of medication safety, announces today it has entered into a partnership with Physiomics plc (AIM: PYC), the oncology consultancy using mathematical models to support the development of cancer treatment regimens and personalized medicine solutions. Through this initiative, Physiomics’ personalized docetaxel model will be integrated into TRHC’s market-leading precision dosing solution, DoseMeRx®. Both parties expect positive feedback from this initial trial with the next step being a commercial agreement. You can read further details here


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Tabula Rasa HealthCare Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $69.72 on 02/21/20, with the lowest value was $30.12 for the same time period, recorded on 11/04/20.

Tabula Rasa HealthCare Inc. (TRHC) full year performance was -16.77%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Tabula Rasa HealthCare Inc. shares are logging -46.74% during the 52-week period from high price, and 23.27% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $30.12 and $69.72.

The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1558623 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Tabula Rasa HealthCare Inc. (TRHC) recorded performance in the market was -23.73%, having the revenues showcasing -6.87% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 948.67M, as it employees total of 1286 workers.

The Analysts eye on Tabula Rasa HealthCare Inc. (TRHC)

During the last month, 8 analysts gave the Tabula Rasa HealthCare Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 41.57, with a change in the price was noted -18.74. In a similar fashion, Tabula Rasa HealthCare Inc. posted a movement of -33.54% for the period of last 100 days, recording 352,249 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TRHC is recording 1.43 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.43.

Technical rundown of Tabula Rasa HealthCare Inc. (TRHC)

Raw Stochastic average of Tabula Rasa HealthCare Inc. in the period of last 50 days is set at 50.29%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 47.44%. In the last 20 days, the company’s Stochastic %K was 73.55% and its Stochastic %D was recorded 84.05%.

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Considering, the past performance of Tabula Rasa HealthCare Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -23.73%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -38.59%, alongside a downfall of -16.77% for the period of the last 12 months. The shares increased approximately by -0.88% in the 7-day charts and went down by 11.84% in the period of the last 30 days. Common stock shares were lifted by -6.87% during last recorded quarter.

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