Shares of Medical Transcription Billing, Corp. (NASDAQ:MTBC) saw unusually-strong trading volume on Friday . Approximately 751,644 shares were traded during mid-day trading, an increase of 15% from the previous session’s volume of 654,947 shares.The stock last traded at $1.53 and had previously closed at $1.40.

Several analysts recently issued reports on MTBC shares. Zacks Investment Research raised Medical Transcription Billing, Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, May 30th. ValuEngine raised Medical Transcription Billing, Corp. from a “sell” rating to a “hold” rating in a report on Friday, June 2nd.

The stock has a 50 day moving average of $1.44 and a 200 day moving average of $1.30. The company’s market cap is $17.52 million.

Medical Transcription Billing, Corp. (NASDAQ:MTBC) last released its quarterly earnings data on Thursday, August 3rd. The technology company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.15. The company had revenue of $7.79 million for the quarter. Medical Transcription Billing, Corp. had a negative return on equity of 59.52% and a negative net margin of 32.88%. On average, analysts forecast that Medical Transcription Billing, Corp. will post ($0.69) earnings per share for the current year.

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Medical Transcription Billing, Corp. Company Profile

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.

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