Streamline Health Solutions (NASDAQ:STRM) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Streamline Health Solutions (NASDAQ:STRM) released its quarterly earnings results on Wednesday. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01), Yahoo Finance reports. Streamline Health Solutions had a negative net margin of 85.83% and a negative return on equity of 35.69%.

Streamline Health Solutions Trading Up 7.1 %

Shares of STRM stock opened at $0.48 on Thursday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $29.89 million, a price-to-earnings ratio of -1.51 and a beta of 1.62. Streamline Health Solutions has a 52-week low of $0.21 and a 52-week 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.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on STRM shares. Craig Hallum upgraded Streamline Health Solutions to a “strong-buy” rating in a report on Thursday, September 5th. StockNews.com began coverage on Streamline Health Solutions in a research note on Saturday, September 7th. They set a “sell” rating on the stock.

About Streamline Health Solutions

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.