StockNews.com Initiates Coverage on Streamline Health Solutions (NASDAQ:STRM)

Stock analysts at StockNews.com initiated coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a research note issued on Saturday. The brokerage set a “sell” rating on the stock.

Separately, Craig Hallum raised Streamline Health Solutions to a “strong-buy” rating in a report on Thursday, September 5th.

Streamline Health Solutions Stock Up 1.4 %

Shares of STRM opened at $3.68 on Friday. The stock has a 50 day moving average price of $2.87 and a 200 day moving average price of $4.98. The stock has a market capitalization of $15.72 million, a price-to-earnings ratio of -0.74 and a beta of 1.67. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61. Streamline Health Solutions has a one year low of $1.85 and a one year high of $9.75.

Streamline Health Solutions (NASDAQ:STRM) last announced its quarterly earnings data on Monday, December 16th. The company reported ($0.61) earnings per share (EPS) for the quarter. Streamline Health Solutions had a negative net margin of 92.72% and a negative return on equity of 44.85%.

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.