Medical Transcription Billing, Corp. (NASDAQ:MTBC) – Seethru Equity issued their FY2017 earnings per share estimates for Medical Transcription Billing, Corp. in a note issued to investors on Tuesday. Seethru Equity analyst A. Tandon expects that the technology company will earn ($0.54) per share for the year.

Medical Transcription Billing, Corp. (NASDAQ:MTBC) last issued its quarterly earnings data on Thursday, August 3rd. The technology company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.17) by $0.15. The firm had revenue of $7.79 million during the quarter. Medical Transcription Billing, Corp. had a negative net margin of 32.88% and a negative return on equity of 59.52%.

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A number of other equities analysts have also recently commented on MTBC. Chardan Capital lifted their price target on shares of Medical Transcription Billing, Corp. from $1.85 to $2.25 and gave the stock a “buy” rating in a research note on Monday, May 15th. Zacks Investment Research raised shares of Medical Transcription Billing, Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, May 30th. Finally, ValuEngine raised shares of Medical Transcription Billing, Corp. from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd.

Medical Transcription Billing, Corp. (MTBC) opened at 1.42 on Friday. The company’s market capitalization is $16.26 million. Medical Transcription Billing, Corp. has a 52 week low of $0.29 and a 52 week high of $3.84. The stock’s 50 day moving average is $1.37 and its 200 day moving average is $1.21.

About Medical Transcription Billing, Corp.

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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