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

StockNews.com began coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a report released on Wednesday morning. The brokerage issued a sell rating on the stock.

Streamline Health Solutions Price Performance

STRM stock opened at $0.32 on Wednesday. The company has a market capitalization of $18.88 million, a P/E ratio of -0.94 and a beta of 1.18. Streamline Health Solutions has a twelve month low of $0.21 and a twelve month high of $1.82. The business has a 50 day simple moving average of $0.46 and a 200-day simple moving average of $0.42. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.43.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of STRM. Austin Wealth Management LLC purchased a new position in Streamline Health Solutions in the third quarter worth $453,000. Vanguard Group Inc. raised its position in Streamline Health Solutions by 1.6% in the third quarter. Vanguard Group Inc. now owns 1,688,305 shares of the company’s stock worth $1,633,000 after acquiring an additional 26,201 shares in the last quarter. Perkins Capital Management Inc. raised its position in Streamline Health Solutions by 33.7% in the fourth 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 in the last quarter. Cerity Partners LLC purchased a new position in Streamline Health Solutions in the fourth quarter worth $128,000. Finally, Nicholas Hoffman & Company LLC. raised its position in Streamline Health Solutions by 10.9% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 740,983 shares of the company’s stock worth $315,000 after acquiring an additional 72,993 shares in the last quarter. Hedge funds and other institutional investors own 31.74% of the company’s stock.

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.