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Merge Healthcare (NASDAQ:MRGE)’s share price reached a new 52-week low on Monday, American Banking and Market News reports. The company traded as low as $1.99 and last traded at $2.05, with a volume of 446,525 shares traded. The stock had previously closed at $2.08.

Separately, analysts at Zacks reiterated a “neutral” rating on shares of Merge Healthcare in a research note to investors on Tuesday, December 17th. They now have a $2.50 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Merge Healthcare currently has an average rating of “Hold” and an average price target of $3.25.

Merge Healthcare has a 52-week low of $2.06 and a 52-week high of $4.71. The stock has a 50-day moving average of $2.25 and a 200-day moving average of $2.78. The company’s market cap is $191.9 million.

Merge Healthcare Incorporated (NASDAQ:MRGE) develops software solutions that facilitate the sharing of images to create an electronic healthcare experience for patients and physicians.

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