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

StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM - Get Free Report) in a research report issued on Wednesday. The brokerage set a "sell" rating on the stock.

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

Streamline Health Solutions Stock Performance

Shares of NASDAQ:STRM traded up $0.43 during mid-day trading on Wednesday, reaching $2.63. The company had a trading volume of 166,803 shares, compared to its average volume of 14,162. Streamline Health Solutions has a one year low of $2.03 and a one year high of $14.05. 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 company's 50-day moving average price is $0.52 and its 200-day moving average price is $0.46. The firm has a market cap of $163.14 million, a price-to-earnings ratio of -7.75 and a beta of 1.60.

Streamline Health Solutions (NASDAQ:STRM - Get Free Report) last issued its quarterly earnings results on Wednesday, September 11th. The company reported ($0.05) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.01). Streamline Health Solutions had a negative net margin of 92.72% and a negative return on equity of 44.85%. The firm had revenue of $4.48 million for the quarter.

Institutional Trading of Streamline Health Solutions

An institutional investor recently raised its position in Streamline Health Solutions stock. Austin Wealth Management LLC grew its stake in shares of Streamline Health Solutions, Inc. (NASDAQ:STRM - Free Report) by 100.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 at the end of the most recent reporting period. 31.74% of the stock is currently owned by institutional investors.

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.