Streamline Health Solutions (NASDAQ:STRM) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a research note released on Wednesday. The firm issued a sell rating on the stock.

Streamline Health Solutions Stock Performance

Shares of STRM opened at $0.34 on Wednesday. The business has a 50-day moving average of $0.47 and a 200 day moving average of $0.42. Streamline Health Solutions has a fifty-two week low of $0.21 and a fifty-two week high of $1.85. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.61 and a quick ratio of 0.61.

Institutional Investors Weigh In On Streamline Health Solutions

Several large investors have recently added to or reduced their stakes in STRM. Perkins Capital Management Inc. increased its holdings in Streamline Health Solutions by 33.7% in the 4th quarter. Perkins Capital Management Inc. now owns 1,999,405 shares of the company’s stock worth $850,000 after acquiring an additional 504,000 shares during the last quarter. Austin Wealth Management LLC increased its holdings in Streamline Health Solutions by 100.2% in the 4th quarter. Austin Wealth Management LLC now owns 935,519 shares of the company’s stock worth $402,000 after acquiring an additional 468,242 shares during the last quarter. Cerity Partners LLC purchased a new stake in Streamline Health Solutions in the 4th quarter worth about $128,000. Nicholas Hoffman & Company LLC. grew its holdings in Streamline Health Solutions by 10.9% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 740,983 shares of the company’s stock valued at $315,000 after buying an additional 72,993 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in Streamline Health Solutions by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 1,688,305 shares of the company’s stock valued at $1,633,000 after buying an additional 26,201 shares in the last quarter. Hedge funds and other institutional investors own 31.74% of the company’s stock.

About Streamline Health Solutions

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.