Medical Transcription Billing, Corp. (NASDAQ:MTBC) – Stock analysts at Seethru Equity issued their FY2018 earnings estimates for Medical Transcription Billing, Corp. in a research report issued on Wednesday. Seethru Equity analyst A. Tandon forecasts that the technology company will post earnings per share of ($0.27) for the year.

A number of other research firms have also recently commented on MTBC. Zacks Investment Research raised shares of Medical Transcription Billing, Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th. ValuEngine raised shares of Medical Transcription Billing, Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd.

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Medical Transcription Billing, Corp. (NASDAQ:MTBC) traded up 0.394% during midday trading on Monday, reaching $2.801. 73,496 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $2.29 and its 200-day moving average is $1.69. The stock’s market capitalization is $32.07 million. Medical Transcription Billing, Corp. has a 12-month low of $0.29 and a 12-month high of $5.44.

Medical Transcription Billing, Corp. (NASDAQ:MTBC) last posted its earnings results on Thursday, August 3rd. The technology company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.15. Medical Transcription Billing, Corp. had a negative net margin of 32.88% and a negative return on equity of 59.52%. The business had revenue of $7.79 million during the quarter.

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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