Equities research analysts at StockNews.com began coverage on shares of Streamline Health Solutions (NASDAQ:STRM – Get Free Report) in a report released on Wednesday. The firm set a “sell” rating on the stock.
Streamline Health Solutions Trading Up 3.1 %
Shares of Streamline Health Solutions stock opened at $0.43 on Wednesday. The firm has a market cap of $26.67 million, a price-to-earnings ratio of -1.34 and a beta of 1.60. Streamline Health Solutions has a 52-week low of $0.21 and a 52-week high of $1.30. The company’s 50-day simple moving average is $0.49 and its 200-day simple moving average is $0.44. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.62.
Streamline Health Solutions (NASDAQ:STRM – Get Free Report) last announced its quarterly earnings data on Tuesday, June 11th. The company reported ($0.05) earnings per share for the quarter. The business 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
Several large investors have recently bought and sold shares of the business. Mesirow Financial Investment Management Inc. acquired a new position in shares of Streamline Health Solutions during the 1st quarter worth $59,000. Cerity Partners LLC acquired a new position in Streamline Health Solutions during the fourth quarter worth about $128,000. Nicholas Hoffman & Company LLC. increased its holdings in Streamline Health Solutions by 10.9% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 740,983 shares of the company’s stock valued at $315,000 after buying an additional 72,993 shares in the last quarter. Finally, Austin Wealth Management LLC lifted its position in shares of Streamline Health Solutions by 100.2% during the 4th quarter. Austin Wealth Management LLC now owns 935,519 shares of the company’s stock valued at $402,000 after acquiring an additional 468,242 shares during the period. 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.
Read More
Receive News & Ratings for Streamline Health Solutions Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Streamline Health Solutions and related companies with MarketBeat.com’s FREE daily email newsletter.
link