Technical Insights on Healthcare Information Services Stocks -- Medical Transcription Billing, athenahealth, Inovalon, and WebMD Health

Friday, June 23, 2017 General News
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NEW YORK, June 23, 2017 /PRNewswire/ --

If you want a Stock Review on MTBC, ATHN, INOV or WBMD then come over to and sign up for your free customized report today. On Thursday, benchmark US indices were in mixed colors as the NASDAQ Composite closed the trading session up 0.04%; the Dow Jones Industrial Average edged 0.06%
lower; and the S&P 500 was down 0.05%. Six out of nine sectors finished the day in red. Pre-market today, reviews these four Healthcare Information Services stocks: Medical Transcription Billing Corp. (NASDAQ: MTBC), athenahealth Inc. (NASDAQ: ATHN), Inovalon Holdings Inc. (NASDAQ: INOV), and WebMD Health Corp. (NASDAQ: WBMD). Access's free research reports for this morning's stocks line-up at:

Medical Transcription Billing 

On Thursday, shares in Somerset, New Jersey headquartered Medical Transcription Billing Corp. recorded a trading volume of 218,060 shares. The stock ended the session 3.38% higher at $1.53. The Company's shares have surged 125.03% over the previous three months and 111.03% on an YTD basis. The stock is trading 53.91% above its 200-day moving average. Moreover, shares of Medical Transcription Billing, which provides an integrated suite of Web-based solutions and related business services to healthcare providers primarily in the US, have a Relative Strength Index (RSI) of 49.24. Free research report on MTBC is available at:


Watertown, Massachusetts headquartered athenahealth Inc.'s stock closed the day 1.56% higher at $148.51 with a total trading volume of 658,314 shares. The Company's shares have advanced 12.46% in the past month, 37.20% in the previous three months, and 41.21% since the start of this year. The stock is trading 20.12% and 28.06% above its 50-day and 200-day moving averages, respectively. Additionally, shares of athenahealth, which together with its subsidiaries, provides network-based medical record, revenue cycle, patient engagement, care coordination, and population health services for medical groups and health systems, have an RSI of 69.66.

On June 13th, 2017, research firm Cantor Fitzgerald downgraded the Company's stock rating from 'Overweight' to 'Neutral'. The complimentary research report on ATHN can be downloaded at:


Shares in Bowie, Maryland headquartered Inovalon Holdings Inc. recorded a trading volume of 771,201 shares, which was higher than their three months average volume of 470,270 shares. The stock ended yesterday's trading session flat at $12.85. The Company's shares have advanced 10.30% in the previous three months and 24.76% on an YTD basis. The stock is trading below its 200-day moving average by 1.17%. Furthermore, shares of Inovalon, which provides cloud-based platforms empowering a data-driven transformation from volume-based to value-based models throughout the healthcare industry, have an RSI of 40.99. Visit us today and access our complete research report on INOV at:

WebMD Health 

New York headquartered WebMD Health Corp.'s stock finished Thursday's session 0.48% higher at $58.97 with a total trading volume of 329,915 shares. The Company's shares have advanced 5.64% in the last one month, 17.17% over the previous three months, and 18.96% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.01% and 12.44%, respectively. Additionally, shares of WebMD Health, which provides health information services to consumers, physicians and other healthcare professionals, employers, and health plans through its Websites, mobile platforms, and health-focused publications in the US, have an RSI of 69.05. Get free access to your research report on WBMD at:


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