Streamline Health Solutions (NASDAQ:STRM) Receives New Coverage from Analysts at StockNews.com

StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a research note issued to investors on Wednesday. The firm issued a sell rating on the stock.

Separately, Craig Hallum upgraded shares of Streamline Health Solutions to a strong-buy rating in a research note on Thursday, September 5th.

Streamline Health Solutions Trading Up 1.7 %

STRM opened at $2.36 on Wednesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.61 and a quick ratio of 0.61. The firm has a market capitalization of $146.39 million, a PE ratio of -7.38 and a beta of 1.60. Streamline Health Solutions has a fifty-two week low of $2.03 and a fifty-two week high of $13.02. The company’s 50-day moving average is $0.63 and its 200 day moving average is $0.50.

Streamline Health Solutions (NASDAQ:STRM) last posted its quarterly earnings data on Wednesday, September 11th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.01). The firm had revenue of $4.48 million during the quarter. Streamline Health Solutions had a negative net margin of 92.72% and a negative return on equity of 44.85%.

Institutional Investors Weigh In On Streamline Health Solutions

An institutional investor recently raised its position in Streamline Health Solutions stock. Austin Wealth Management LLC lifted its stake in shares of Streamline Health Solutions, Inc. (NASDAQ:STRM) by 100.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 935,519 shares of the company’s stock after purchasing an additional 468,242 shares during the period. Austin Wealth Management LLC owned 1.59% of Streamline Health Solutions worth $402,000 at the end of the most recent quarter. 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.