Streamline Health Solutions (NASDAQ:STRM) Now Covered by StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a report issued on Monday. The firm set a “sell” rating on the stock.

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

Streamline Health Solutions Trading Up 8.4 %

Shares of NASDAQ:STRM opened at $0.18 on Monday. Streamline Health Solutions has a 52-week low of $0.14 and a 52-week high of $1.00. The company has a market capitalization of $11.07 million, a P/E ratio of -0.56 and a beta of 1.62. The company has a 50-day simple moving average of $0.44 and a 200 day simple moving average of $0.43. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 0.76.

Streamline Health Solutions (NASDAQ:STRM) last issued its quarterly earnings data 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). The company had revenue of $4.48 million for the quarter. Streamline Health Solutions had a negative return on equity of 43.21% and a negative net margin of 92.72%.

Institutional Investors Weigh In On Streamline Health Solutions

An institutional investor recently raised its position in Streamline Health Solutions stock. Austin Wealth Management LLC increased its holdings in Streamline Health Solutions, Inc. (NASDAQ:STRM) by 100.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 935,519 shares of the company’s stock after buying an additional 468,242 shares during the period. Austin Wealth Management LLC owned 1.59% of Streamline Health Solutions worth $402,000 as of its most recent filing with the Securities and Exchange Commission. 31.74% of the stock is currently owned by hedge funds and other institutional investors.

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.