Lazarus Management Company LLC recently revealed that they own 10.5% of Authentidate Holding Corp. (NASDAQ:ADAT) in a Schedule 13D/A disclosure that was filed with the SEC on Tuesday, October 18th. The investor owns 627,784 shares of the stock valued at about $2,052,854. The reporting parties listed on the disclosure included Lazarus Management Company LLC, Justin B Borus, Lazarus Investment Partners LLLP and Lazarus Macro Micro Partners LLLP. The disclosure is available through EDGAR at this hyperlink.
Shares of Authentidate Holding Corp. (NASDAQ:ADAT) traded up 0.31% during trading on Tuesday, hitting $3.27. 123 shares of the stock were exchanged. The stock has a market cap of $18.87 million and a PE ratio of 2.01. The stock’s 50 day moving average price is $3.09 and its 200 day moving average price is $3.20. Authentidate Holding Corp. has a one year low of $2.05 and a one year high of $8.01.
Authentidate Holding Corp. (NASDAQ:ADAT) last issued its earnings results on Wednesday, September 28th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm earned $7.60 million during the quarter. Equities research analysts predict that Authentidate Holding Corp. will post ($0.13) EPS for the current year.
Authentidate Holding Corp. Company Profile
Authentidate Holding Corp. and its subsidiaries provide Web-based revenue cycle management applications, and telehealth products and services. The Company enables healthcare organizations to coordinate care for patients and to manage related administrative and clinical workflows. Its Web-based solutions incorporate multiple features and security technologies, such as business-rules based electronic forms, intelligent routing, transaction management, electronic signatures, identity credentialing, content authentication, automated audit trails and remote patient management capabilities.
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