StockNews.com Begins Coverage on Streamline Health Solutions (NASDAQ:STRM)

StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a report issued on Saturday. The firm issued a sell rating on the stock.

Streamline Health Solutions Stock Performance

Shares of STRM opened at $0.46 on Friday. Streamline Health Solutions has a one year low of $0.21 and a one year high of $1.02. The company has a 50-day simple moving average of $0.50 and a two-hundred day simple moving average of $0.45. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market capitalization of $28.98 million, a PE ratio of -1.43 and a beta of 1.62.

Streamline Health Solutions (NASDAQ:STRM) last released its earnings results on Tuesday, June 11th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $4.33 million during the quarter. Streamline Health Solutions had a negative net margin of 85.83% and a negative return on equity of 35.69%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Streamline Health Solutions stock. Mesirow Financial Investment Management Inc. acquired a new position in Streamline Health Solutions, Inc. (NASDAQ:STRM) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 123,900 shares of the company’s stock, valued at approximately $59,000. Mesirow Financial Investment Management Inc. owned 0.21% of Streamline Health Solutions as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 31.74% of the company’s stock.

Streamline Health Solutions Company Profile

Streamline Health Solutions, Inc offers health information technology solutions and associated services for hospitals and health systems in the United States and Canada. The company offers RevID, an automated revenue reconciliation software; eValuator, a coding analysis platform; data comparison engine; coding and clinical documentation improvement (CDI) solutions, including CDI, abstracting, and physician query; and financial management solutions, such as accounts receivable management, denials management, claims processing, spend management, and audit management.