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

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

Streamline Health Solutions Stock Performance

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 stock has a market cap of $29.89 million, a P/E ratio of -1.51 and a beta of 1.62. The firm has a 50 day simple moving average of $0.50 and a 200 day simple moving average of $0.45. Streamline Health Solutions has a 52 week low of $0.21 and a 52 week high of $1.02.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Craig Hallum raised shares of Streamline Health Solutions to a “strong-buy” rating in a research report on Thursday, September 5th. StockNews.com assumed coverage on shares of Streamline Health Solutions in a research report on Saturday, September 7th. They issued a “sell” rating on the 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.