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

Analysts at StockNews.com initiated coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a report released on Thursday. The brokerage set a “sell” rating on the stock.

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

Streamline Health Solutions Stock Down 4.2 %

Shares of NASDAQ STRM opened at $3.42 on Thursday. Streamline Health Solutions has a 12-month low of $1.85 and a 12-month high of $9.75. The company has a market cap of $14.45 million, a P/E ratio of -0.69 and a beta of 1.67. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.66. The stock has a fifty day moving average price of $2.62 and a 200 day moving average price of $5.22.

Streamline Health Solutions (NASDAQ:STRM) last announced its earnings results on Wednesday, September 11th. The company reported ($0.75) earnings per share for the quarter, missing the consensus estimate of ($0.60) by ($0.15). The business had revenue of $4.48 million 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.