Streamline Health Solutions Inc. (NASDAQ:STRM)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1.56 and traded as low as $1.47. Streamline Health Solutions shares last traded at $1.47, with a volume of 200 shares.

Separately, ValuEngine raised XOMA from a “sell” rating to a “hold” rating in a report on Friday, May 24th.

The stock has a fifty day simple moving average of $1.56. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.47.

Streamline Health Solutions (NASDAQ:STRM) last announced its earnings results on Wednesday, June 12th. The company reported $0.01 EPS for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.01). Streamline Health Solutions had a negative return on equity of 20.57% and a negative net margin of 23.23%. The company had revenue of $5.36 million during the quarter.

In other Streamline Health Solutions news, CEO David William Sides sold 79,522 shares of the firm’s stock in a transaction dated Wednesday, June 19th. The stock was sold at an average price of $1.75, for a total transaction of $139,163.50. Following the sale, the chief executive officer now directly owns 225,000 shares of the company’s stock, valued at $393,750. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 24.28% of the stock is currently owned by company insiders.

An institutional investor recently raised its position in Streamline Health Solutions stock. Alera Investment Advisors LLC lifted its position in Streamline Health Solutions Inc. (NASDAQ:STRM) by 2,084.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 103,750 shares of the company’s stock after purchasing an additional 99,000 shares during the quarter. Alera Investment Advisors LLC owned about 0.50% of Streamline Health Solutions worth $109,000 at the end of the most recent reporting period. 42.07% of the stock is owned by hedge funds and other institutional investors.

About Streamline Health Solutions (NASDAQ:STRM)

Streamline Health Solutions, Inc provides health information technology solutions and services for hospitals and health systems in the United States and Canada. It provides software-based solutions and auditing services, which captures, aggregates, and translates structured and unstructured data to deliver predictive insights to its clients.

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