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

Analysts at StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a note issued to investors on Monday. The brokerage set a “sell” rating on the stock.

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

Streamline Health Solutions Price Performance

NASDAQ:STRM opened at $0.17 on Monday. The business’s 50-day simple moving average is $0.46 and its two-hundred day simple moving average is $0.44. Streamline Health Solutions has a 52 week low of $0.14 and a 52 week high of $1.00. The stock has a market cap of $10.48 million, a PE ratio of -0.53 and a beta of 1.62. 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) last issued its earnings results on Wednesday, September 11th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.01). Streamline Health Solutions had a negative net margin of 92.72% and a negative return on equity of 43.21%. The business had revenue of $4.48 million for the quarter.

Institutional Trading of Streamline Health Solutions

A hedge fund recently bought a new position in Streamline Health Solutions stock. Mesirow Financial Investment Management Inc. bought a new stake in shares of Streamline Health Solutions, Inc. (NASDAQ:STRM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 123,900 shares of the company’s stock, valued at approximately $59,000. Mesirow Financial Investment Management Inc. owned about 0.21% of Streamline Health Solutions as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 31.74% of the company’s 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.