Streamline Health Solutions (NASDAQ:STRM) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Streamline Health Solutions (NASDAQ:STRMFree Report) in a research note issued to investors on Monday. The brokerage issued a sell rating on the stock.

Streamline Health Solutions Stock Down 3.8 %

Shares of STRM opened at $0.52 on Monday. The company has a market capitalization of $30.59 million, a P/E ratio of -1.53 and a beta of 1.12. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.61 and a quick ratio of 0.61. Streamline Health Solutions has a one year low of $0.21 and a one year high of $2.26. The business’s 50 day simple moving average is $0.40 and its 200-day simple moving average is $0.64.

Streamline Health Solutions (NASDAQ:STRMGet Free Report) last announced its earnings results on Wednesday, December 13th. The company reported ($0.02) EPS for the quarter. The business had revenue of $6.13 million during the quarter. Streamline Health Solutions had a negative return on equity of 29.25% and a negative net margin of 81.36%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its position in Streamline Health Solutions by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 356,938 shares of the company’s stock worth $563,000 after purchasing an additional 4,716 shares during the last quarter. Renaissance Technologies LLC raised its position in Streamline Health Solutions by 3.7% in the 4th quarter. Renaissance Technologies LLC now owns 249,069 shares of the company’s stock worth $394,000 after purchasing an additional 8,800 shares during the last quarter. HighTower Advisors LLC raised its position in Streamline Health Solutions by 10.5% in the 4th quarter. HighTower Advisors LLC now owns 105,000 shares of the company’s stock worth $166,000 after purchasing an additional 9,950 shares during the last quarter. BlackRock Inc. raised its position in Streamline Health Solutions by 3.2% in the 1st quarter. BlackRock Inc. now owns 426,079 shares of the company’s stock worth $767,000 after purchasing an additional 13,297 shares during the last quarter. Finally, HRT Financial LP bought a new position in Streamline Health Solutions in the 4th quarter worth approximately $34,000. 34.60% of the stock is owned by institutional investors and hedge funds.

About Streamline Health Solutions

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Streamline Health Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Streamline Health Solutions and related companies with MarketBeat.com's FREE daily email newsletter.