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 – Get Rating) in a research report issued on Wednesday. The firm set a “sell” rating on the stock.

Separately, Colliers Securities reissued a “buy” rating on shares of Streamline Health Solutions in a research note on Tuesday, March 22nd.

STRM opened at $1.37 on Wednesday. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.29. Streamline Health Solutions has a 52-week low of $1.22 and a 52-week high of $2.29. The stock has a market capitalization of $65.21 million, a PE ratio of -6.85 and a beta of 0.77. The company’s 50 day simple moving average is $1.48.

A hedge fund recently raised its stake in Streamline Health Solutions stock. Herald Investment Management Ltd lifted its position in shares of Streamline Health Solutions, Inc. (NASDAQ:STRM – Get Rating) by 26.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 600,000 shares of the company’s stock after purchasing an additional 125,000 shares during the quarter. Herald Investment Management Ltd owned about 1.26% of Streamline Health Solutions worth $1,044,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 35.98% of the company’s stock.

About Streamline Health Solutions (Get Rating)

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

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