Model N traded at $30.00 this Wednesday June 26th, increasing $0.03 or 0.10 percent since the previous trading session. Looking back, over the last four weeks, Model N gained 0.54 percent. Over the last 12 months, its price fell by 12.84 percent. Looking ahead, we forecast Model N to be priced at 29.34 by the end of this quarter and at 27.45 in one year, according to Trading Economics global macro models projections and analysts expectations.
Model N, Inc. is a provider of revenue management solutions for life science and technology companies. The Company's solutions enable its customers to maximize revenues and reduce revenue compliance risk by transforming their revenue life cycle from a series of tactical, disjointed operations into a strategic end-to-end process. Its industry specific solution suites Revenue Cloud for Life Sciences and Revenue Cloud for High Tech offers a range of solutions from individual products to complete product suites, which includes global pricing management, global tender management, provider management, payer management, government pricing and medicaid, deal management, deal intelligence, channel management, market development fund management, rebates management, channel data management, configure price quote and contract lifecycle management. The Company's solutions are designed to work with enterprise resource planning (ERP) and customer relationship management (CRM) applications.