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Tabula Rasa HealthCare (TRHC) in Focus: Stock Moves 5.2% Higher

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Tabula Rasa HealthCare, Inc. was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $52.71 –$60.96 in the past one-month time frame, witnessed a sharp increase on Thursday.

The company has seen five negative estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Tabula Rasa HealthCare currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Tabula Rasa Healthcare Inc. Price

Investors interested in the Medical Info Systems industry may consider Cerner Corporation , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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