Streamline Health Solutions (NASDAQ:STRM) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a research note published on Tuesday morning. The firm issued a sell rating on the stock.

Streamline Health Solutions Stock Down 4.6 %

Shares of Streamline Health Solutions stock traded down $0.02 during trading on Tuesday, hitting $0.47. The company’s stock had a trading volume of 16,130 shares, compared to its average volume of 79,420. 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 fifty day simple moving average of $0.49 and a two-hundred day simple moving average of $0.44. The company has a market capitalization of $29.15 million, a PE ratio of -1.47 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.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of STRM. Nicholas Hoffman & Company LLC. increased its stake in Streamline Health Solutions by 10.9% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 740,983 shares of the company’s stock valued at $315,000 after purchasing an additional 72,993 shares in the last quarter. Austin Wealth Management LLC increased its stake in 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 purchasing an additional 468,242 shares in the last quarter. Cerity Partners LLC bought a new stake in Streamline Health Solutions during the 4th quarter valued at about $128,000. Mesirow Financial Investment Management Inc. bought a new stake in Streamline Health Solutions during the 1st quarter valued at about $59,000. Finally, Vanguard Group Inc. increased its stake in Streamline Health Solutions by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 1,688,305 shares of the company’s stock valued at $1,633,000 after purchasing an additional 26,201 shares in the last quarter. 31.74% of the stock is currently owned by institutional investors.

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.