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

Investment analysts at StockNews.com initiated coverage on shares of Streamline Health Solutions (NASDAQ:STRM – Get Rating) in a research report issued to clients and investors on Wednesday. The firm set a “sell” rating on the stock.

Streamline Health Solutions Price Performance

Streamline Health Solutions stock opened at $1.57 on Wednesday. Streamline Health Solutions has a 52 week low of $1.04 and a 52 week high of $2.35. The firm has a market cap of $92.02 million, a price-to-earnings ratio of -6.54 and a beta of 1.29. The business’s 50-day moving average price is $1.72 and its 200 day moving average price is $1.81. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.25.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Prudential Financial Inc. acquired a new stake in shares of Streamline Health Solutions in the second quarter valued at about $31,000. HRT Financial LP acquired a new stake in Streamline Health Solutions in the 4th quarter worth about $34,000. Thompson Davis & CO. Inc. purchased a new stake in Streamline Health Solutions during the 3rd quarter worth approximately $38,000. Dfpg Investments LLC raised its holdings in shares of Streamline Health Solutions by 146.9% during the first quarter. Dfpg Investments LLC now owns 27,272 shares of the company’s stock valued at $49,000 after acquiring an additional 16,224 shares during the last quarter. Finally, Morgan Stanley lifted its position in shares of Streamline Health Solutions by 3,400,000.0% in the fourth quarter. Morgan Stanley now owns 34,001 shares of the company’s stock valued at $54,000 after acquiring an additional 34,000 shares in the last quarter. Institutional investors and hedge funds own 41.31% of the company’s stock.

Streamline Health Solutions Company Profile

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Streamline Health Solutions, Inc engages in the provision of transformational data-driven solutions for healthcare organizations. Its solutions include Health Information Management (HIM), Coding and CDI, evaluator coding analysis platforms, financial management, and patient care. It also offers audit, custom integration, training, electronic image conversion, and database monitoring services.