StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM – Free Report) in a report released on Monday morning. The firm issued a sell rating on the stock.
Streamline Health Solutions Stock Performance
Shares of NASDAQ STRM opened at $0.50 on Monday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.62. The company has a 50 day simple moving average of $0.47 and a two-hundred day simple moving average of $0.44. Streamline Health Solutions has a 12 month low of $0.21 and a 12 month high of $1.35. The stock has a market cap of $31.02 million, a price-to-earnings ratio of -1.56 and a beta of 1.60.
Streamline Health Solutions (NASDAQ:STRM – Get Free Report) last posted its earnings results on Tuesday, June 11th. The company reported ($0.05) earnings per share (EPS) for the quarter. Streamline Health Solutions had a negative net margin of 85.83% and a negative return on equity of 35.69%. The firm had revenue of $4.33 million during the quarter.
Institutional Investors Weigh In On Streamline Health Solutions
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mesirow Financial Investment Management Inc. purchased a new stake in Streamline Health Solutions in the 1st quarter worth $59,000. Cerity Partners LLC purchased a new stake in Streamline Health Solutions in the 4th quarter worth $128,000. Nicholas Hoffman & Company LLC. increased its holdings in Streamline Health Solutions by 10.9% in the 4th quarter. Nicholas Hoffman & Company LLC. now owns 740,983 shares of the company’s stock worth $315,000 after acquiring an additional 72,993 shares in the last quarter. Austin Wealth Management LLC increased its holdings in Streamline Health Solutions by 100.2% in the 4th quarter. Austin Wealth Management LLC now owns 935,519 shares of the company’s stock worth $402,000 after acquiring an additional 468,242 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in Streamline Health Solutions by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,688,305 shares of the company’s stock worth $1,633,000 after acquiring an additional 26,201 shares in the last quarter. Hedge funds and other institutional investors own 31.74% of the company’s stock.
About Streamline Health Solutions
(Get Free Report)
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.
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