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Pre-Market Technical Scan on Healthcare Information Services Equities -- Inovalon, Medidata Solutions, Cotiviti, and Teladoc
[December 01, 2017]

Pre-Market Technical Scan on Healthcare Information Services Equities -- Inovalon, Medidata Solutions, Cotiviti, and Teladoc


NEW YORK, Dec. 01, 2017 /PRNewswire/ --

In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on INOV, MDSO, COTV, and TDOC which is a click away at http://www.wallstequities.com/registration. Healthcare Information Services systems are complex, and provider requirements often vary from user to user. As a result, companies in this space not only market hardware and out-of-the-box software solutions, but they also market future customization and training through higher-margin service subscriptions and maintenance contracts. Pre-market, WallStEquities.com dedicates attention to Inovalon Holdings Inc. (NASDAQ: INOV), Medidata Solutions Inc. (NASDAQ: MDSO), Cotiviti Holdings Inc. (NYSE: COTV), and Teladoc Inc. (NYSE: TDOC). Get you free stock reports on these stock by registering now on Wall St. Equities at: http://www.wallstequities.com/registration

Inovalon Holdings

On Thursday, shares in Maryland headquartered Inovalon Holdings Inc. recorded a trading volume of 401,675 shares. The stock ended the session 0.63% higher at $15.90. The Company's shares have gained 17.34% over the previous three months and 54.37% on an YTD basis. The stock is trading 14.98% above its 200-day moving average. Moreover, 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 a Relative Strength Index (RSI) of 48.16.

On November 20th, 2017, Inovalon Holdings announced a collaboration with the University of Maryland's Center for Health Information and Decision Systems (CHIDS) as part of its expanding applications of machine learning and neural network solutions within the predictive analytic Components of the Inovalon ONE™ Platform. Through this engagement, CHIDS will join the Company's ongoing development initiative focused on Natural Language Processing, Machine Learning, and Deep Learning solutions utilized within the Inovalon ONE™ Platform. Get started with a complimentary subscription and access to the free report on INOV at: http://www.wallstequities.com/registration/?symbol=INOV

Medidata Solutions

New York headquartered Medidata Solutions Inc.'s stock closed the day 2.55% higher at $66.64. A total volume of 829,519 shares was traded, which was above their three months average volume of 546,070 shares. The Company's shares have advanced 34.17% since the start of this year. The stock is trading 5.52% below its 200-day moving average. Additionally, shares of Medidata Solutions, which provides cloud-based solutions for life sciences worldwide, have an RSI of 38.95.

On November 13th, 2017, research firm Dougherty & Company upgraded the Company's stock rating from 'Neutral' to 'Buy', with a target price of $75 per share.

On November 15th, 2017, Medidata Solutions and ICON, a global provider of drug development solutions and services, announced a new collaboration to enhance the management of medical imaging during drug development research. ICON will expand its use of the Medidata Clinical Cloud® to include image management services for end-to-end digital control of the Healthcare industry's fastest-growing data source. Free research on MDSO can be accessed at: http://www.wallstequities.com/registration/?symbol=MDSO



Cotiviti Holdings

Shares in Georgia headquartered Cotiviti Holdings Inc. recorded a trading volume of 461,622 shares, which was higher than their three months average volume of 384,840 shares. The stock ended yesterday's trading session 2.73% higher at $32.68. The Company's shares are trading below their 50-day moving average by 3.35%. Furthermore, shares of Cotiviti, which develops and sells analytics-driven payment accuracy solutions primarily for the healthcare sector, have an RSI of 51.26.


On November 16th, 2017, Cotiviti announced the appointment of R. Halsey Wise as an independent director of the Company, effective December 01st, 2017. Mr. Wise's appointment expands the Board to ten directors, and he will be a member of the Company's Compensation Committee. Visit WallStEquities.com now and sign up for the free research on COTV at: http://www.wallstequities.com/registration/?symbol=COTV

Teladoc

New York headquartered Teladoc Inc.'s stock finished Thursday's session 4.36% higher at $37.10. A total volume of 3.45 million shares was traded which was above their three months average volume of 1.08 million shares. The Company's shares have advanced 12.25% in the last one month, 10.58% over the previous three months, and 124.85% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 14.56% and 24.03%, 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 66.20.

On November 21st, 2017, research firm Oppenheimer reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $40 a share to $45 a share.

On November 29th, 2017, Teladoc announced the pricing of the previously announced offering of shares of its common stock, which includes 3,454,000 shares offered by the Company and 830,000 shares offered by certain of its stockholders named in the preliminary prospectus supplement, at a price to the public of $35.00 per share. The offering is expected to close on or about December 04th, 2017, subject to customary closing conditions. The free technical report on TDOC is available at: http://www.wallstequities.com/registration/?symbol=TDOC

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