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A statement released earlier today by Chardan Capital about Medical Transcription Billing (NDAQ:MTBC) bumps the target price to $2.70

Having a price of $2.50, Medical Transcription Billing (NDAQ:MTBC) traded 9.34% higher on the day. With the last stock price up 82.21% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. MTBC has recorded a 50-day average of $2.38 and a two hundred day average of $1.73. Trade Volume was down over the average, with 1,013,005 shares of MTBC changing hands under the typical 1,575,600

Chardan Capital upped the price target of Medical Transcription Billing (NDAQ:MTBC) to $2.70 reporting a potential upside of 0.08%.

On 05/15/2017, Chardan Capital released a statement about Medical Transcription Billing (NDAQ:MTBC) upped the target price from $1.85 to $2.25 that suggested an upside of 0.17%.

Recent Performance Chart

Medical Transcription Billing (NDAQ:MTBC)

Medical Transcription Billing has with a one year low of $0.29 and a one year high of $5.44 and has a market capitalization of $0.

General Company Details For Medical Transcription Billing (NDAQ:MTBC)

Medical Transcription Billing, Corp. is a healthcare information technology company that provides an integrated suite of Web-based solutions, together with related business services, to healthcare providers practicing in ambulatory care settings. The Company's offering, PracticePro, allows healthcare practices with the core software and business services on Software-as-a-Service (SaaS) platform. PracticePro includes practice management software and related tools, which facilitate the day-to-day operation of a medical practice; electronic health records (EHR), which allow its customers to qualify for government incentives; revenue cycle management (RCM) services, which include medical billing, analytics and related services, and mobile Health (mHealth) solutions, including smartphone applications that assist patients and healthcare providers in the provision of healthcare services. The Company offers a clearinghouse service, which allows clients to track claim status.

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