Technical Research on Healthcare Equities -- Rennova Health, Cerner, Veeva Systems, and Teladoc

Tuesday, June 6, 2017 Research News
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NEW YORK, June 6, 2017 /PRNewswire/ --

Pre-market today, DailyStockTracker.com revisits the Healthcare Information

Services space, which consists of a set of corporations that provide data, products, and services to customers, ranging from hospitals and physician practices to pharmaceutical and biotech companies, and to private individuals. Equities under review
this morning are: Rennova Health Inc. (NASDAQ: RNVA), Cerner Corp. (NASDAQ: CERN), Veeva Systems Inc. (NYSE: VEEV), and Teladoc Inc. (NYSE: TDOC). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:

http://dailystocktracker.com/register/

Rennova Health 

On Monday, shares in West Palm Beach, Florida headquartered Rennova Health Inc. recorded a trading volume of 130,653 shares. The stock ended the day at $0.38, declining 2.06% from the last trading session. The Company's shares are trading below their 50-day moving average by 61.82%. Furthermore, shares of Rennova Health, which provides diagnostics and supportive software solutions to healthcare providers, have a Relative Strength Index (RSI) of 21.26.

On June 01st, 2017, Rennova Health announced the postponement of its Special Meeting of Stockholders that was to have taken place originally on May 19th, 2017, but was subsequently postponed to May 26th, 2017, and then again to June 02nd, 2017. The new date for the Special Meeting is June 09th, 2017, at 11:00 a.m. ET, and it will take place at the offices of Shutts & Bowen LLP, 525 Okeechobee Boulevard, Suite 1100, West Palm Beach, FL 33401. Sign up and read the free research report on RNVA at:

http://dailystocktracker.com/registration/?symbol=RNVA

Cerner 

North Kansas City, Missouri headquartered Cerner Corp.'s stock rose 0.73%, finishing yesterday's session at $67.91. A total volume of 3.87 million shares was traded, which was above their three months average volume of 2.79 million shares. The Company's shares have gained 5.91% in the last month, 23.29% over the previous three months, and 43.36% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.67% and 19.01%, respectively. Additionally, 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 an RSI of 76.82.

On May 15th, 2017, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Underperform' to 'Neutral'.

On May 26th, 2017, Cerner announced the 2017 Cerner Nursing Assistant of the Year Scholarship recipient, Amber Jasper, of Garden Valley Nursing and Rehabilitation Center in Kansas City, Missouri. Jasper was nominated by Diona Kern, director of Human Resources and Payroll at Garden Valley Nursing and Rehabilitation Center. The Cerner Nursing Assistant of the Year Scholarship Program awarded Jasper a $3,000 scholarship to offset educational expenses. The complimentary research report on CERN can be downloaded at:

http://dailystocktracker.com/registration/?symbol=CERN

Veeva Systems 

Shares in Pleasanton, California headquartered Veeva Systems Inc. ended the session 1.47% lower at $65.72. The stock recorded a trading volume of 1.66 million shares, which was above its three months average volume of 1.55 million shares. The Company's shares have gained 21.32% in the last one month, 49.19% over the previous three months, and 61.47% on an YTD basis. The stock is trading 19.49% above its 50-day moving average and 45.33% above its 200-day moving average. Moreover, shares of Veeva Systems, which provides cloud-based software for the life sciences industry in North America, Europe, Asia/Pacific, and internationally, have an RSI of 68.04.

On June 01st, 2017, Veeva Systems announced participation in the Bank of America Merrill Lynch 2017 Global Technology Conference in San Francisco, CA. Tim Cabral, CFO, is presenting on June 07th, 2017, at 3:35 p.m. PT.

On June 05th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. Register for free on DailyStockTracker.com and access the latest report on VEEV at:

http://dailystocktracker.com/registration/?symbol=VEEV

Teladoc 

At the closing bell on Monday, Purchase, New York headquartered Teladoc Inc.'s stock dropped 1.67%, finishing at $32.35. A total volume of 576,466 shares was traded. The Company's shares have surged 30.18% in the last month, 54.05% over the previous three months, and 96.06% on an YTD basis. The stock is trading 21.24% and 57.62% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Teladoc, which operates a telehealth platform that provides on-demand healthcare services to its members in the US, have an RSI of 66.29.  

On May 18th, 2017, research firm KeyBanc Capital Markets initiated an 'Overweight' rating on the Company's stock, with a target price of $37 per share.

On June 01st, 2017, Teladoc announced that Jason Gorevic, President and CEO, and Mark Hirschhorn, COO and CFO, will participate in the William Blair 2017 Growth Stock Conference, to be held on June 14th, 2017, in Chicago, IL, including a fireside chat at 11:40 a.m. ET. Get free access to your research report on TDOC at:

http://dailystocktracker.com/registration/?symbol=TDOC

--

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